Comments on: The Fannie Mae and Freddie Mac Poker Game http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/ Thu, 10 May 2012 07:34:26 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Contrived Attrition? Washingtons Play in The Fall and Rise of Wall Street http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/comment-page-1/#comment-4617 Contrived Attrition? Washingtons Play in The Fall and Rise of Wall Street Sat, 14 Mar 2009 00:46:46 +0000 http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/#comment-4617 [...] two posts written in July 2008 speculated on possible alternative reasons Fannie and Freddie stock was [...] [...] two posts written in July 2008 speculated on possible alternative reasons Fannie and Freddie stock was [...]

]]> By: REALonomics http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/comment-page-1/#comment-4081 REALonomics Thu, 17 Jul 2008 18:26:38 +0000 http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/#comment-4081 Here's what I like to try to wrap my mind around. Fannie Mae and Freddie Mac are traded securities whose solvency is essentially guaranteed by the Fed. RU with me thus far?<br><br>Wrap this. We now have the Fed saying we are going to guarantee what we already guarantee. The mortgage industry was already an illusion, but this brings a whole new meaning to pulling proverbial rabbits out of hats, sawing scantily clad babes in half and elevating elephants.<br><br>The drama is just beginning!<br><br>REALonomics<br><a href="http://www.REALonomics.net">www.REALonomics.net</a> Here's what I like to try to wrap my mind around. Fannie Mae and Freddie Mac are traded securities whose solvency is essentially guaranteed by the Fed. RU with me thus far?

Wrap this. We now have the Fed saying we are going to guarantee what we already guarantee. The mortgage industry was already an illusion, but this brings a whole new meaning to pulling proverbial rabbits out of hats, sawing scantily clad babes in half and elevating elephants.

The drama is just beginning!

REALonomics
http://www.REALonomics.net

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