Article

2008-07-11 Home Front Economy

Options expert calls Fannie, Freddie shares 'worthless'

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Posted by Fred 2008-07-11 12:30|| || Front Page|| [6 views ] Top

#1 They should feel free to let my mortgage "vaporize".

Posted by bigjim-ky 2008-07-11 12:52|| 2008-07-11 12:52|| Front Page Top

#2 Ft.com on collapse of Fannie and Freddie.

Posted by 3dc 2008-07-11 13:36|| 2008-07-11 13:36|| Front Page Top

#3 Why do I get the feeling that the financial world wouldn't mind seeing this happen. I can't imagine why, before Fannie and Freddie many banks didn't even want to deal in home loans. Down payments were prohibitively high, and interest rates were the same as construction loans.

Consider this, if you wanted to destroy everything that makes us America, this would be a good place to strike a blow.

Posted by bigjim-ky 2008-07-11 15:17|| 2008-07-11 15:17|| Front Page Top

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