Freddie Mac

The Rescue on Main Street

by kaighn (Chimp, 0 Banana Points Points) on 9/30/08 at 9:29pm

Frustration and anger are two feelings that come bubbling forth from my gut as I watch the drama unfold in regard to the rescue plan for our financial system being deliberated before my eyes. At the heart of the matter sit the two Government Sponsored Enterprises (GSE's) Fannie Mae and Freddie Mac. The utter disregard for the facts by the mainstream television and print media, Barney Frank and Christopher Dodd completely amazes me.

Good Basic Summary of Current Market Events

by CatMan (Monkey, 46 Banana Points Points) on 9/18/08 at 8:49pm

A fairly interesting Q&A on current events. The commentors are banking/finance professors at the University of Chicago GSB.

http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-...

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Big Brother flexes muscles over Fannie Mae, Freddie Mac

by affluenza (Senior Orangutan, 428 Banana Points Points) on 9/8/08 at 11:31am
Babysitter at work

Let the bail-out begin.

But is it really worth it in the long run for our Big Brother to step in and babysit the mortgage crisis, or are we going to get less than we are bargaining for? I’m somehow reminded of a quote I heard once:

“A babysitter is a teenager acting like an adult while the adults are out acting like teenagers.”

Could there BE a better analogy?

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Fannie & Freddie Common Stock

by sobepehopeful (Monkey, 61 Banana Points Points) on 9/7/08 at 1:16pm

What do you guys think will happen to Freddie Mac & Fannie Mae common stock now that the Gov. has taken over?

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