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Source:
Backdoor Bank Bailout? Fannie And Freddie May be “Losing Money as a Matter of Policy”
Peter Gorenstein
Yahoo Tech Ticker May 12, 2010
http://finance.yahoo.com/tech-ticker/backdoor-bank-bailout-fannie-and-freddie-may-be-%22losing-money-as-a-matter-of-policy%22-483857.html

Category: Bailouts, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Fannie And Freddie And the Backdoor Bank Bailout”

  1. [...] Disclosures « Fannie And Freddie And the Backdoor Bank Bailout [...]

  2. DeDude says:

    F&F has 96% of the housing market and could easily stop losing money if they jacked up rates by 200 bp, but that would kill the recovery and cost a heck of a lot more money out of other government pockets than the loses they are reporting right now. Now if they had been a private entity they would not have hesitated with doing that (and to hell with the economy and the country), but since they are owned by the government they are doing the right thing. But saving the banks (by keeping house prices from crashing) is just collateral damage. The real goal is saving the economy, and its been working pretty well – stopping the free fall.

  3. I try to distinguish between what came before they were placed into receivership and what came after.