…discussing the Fannie and Freddie Government takeover news…
Image Provided by AgentGenius (Probably Lani)
Tag Archive: bailout
I’m Over At AgentGenius Today…
More Texas Hold’em With Freddie
The Fannie Mae and Freddie Mac poker game is progressing…their chip stacks have diminished substantially but Freddie appears to be calling in a credit marker from the House…
We’ve seen The Flop…which may have been initiated by the Financial Accounting Standards Board almost 6 months ago.
From yesterdays post:
If I’m reading the table correctly, Fannie and Freddie’s [...]
The Fannie Mae and Freddie Mac Poker Game
Fannie Mae and Freddie Mac’s recent Wall Street nose dive is an interesting study in how equity market emotionally charged speculative economics have infected the debt sector. The whole string of events that have brought things to where they are today also resembles a poker game, where no one shows their hand until the very [...]