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Posted to
The Big Idea
by
david wayne osedach
on
April 18, 2009
Or you could....
If you were Fannie Mae and Freddie Mac, you could just donate that much to the Obama campaign. Oh yea, and have it be the second highest contribution ever by the two, now defunct GSE's, to any campaign in history.
Posted to
XX Factor Extra
by
investorthomas
on
October 24, 2008
"The Right" isn't blaming Blacks
There is simply a lot of blame that has honestly accrued to the CRA and the GSE's in their market-distorting efforts to increase minority and poor ownership of homes. The banks were coerced by bank examiners that insisted on a certain percentage of extra-risky and non-white loans. The GSE's chimed in with powerful incentives for banks to make ...
Posted to
Moneybox
by
JFred
on
October 8, 2008
The Big Bailout...Ha!
There is no need for a bailout of the bank when we can bail them out through tax payer spending...heres how: America has fought hard to become an independent nation and a leader in innovation, so how can we fix our current economic downtrend efficiently? Some seem to think that throwing money at the corporations who failed us is the answer…we all ...
Posted to
Trailhead
by
Mejamz
on
September 29, 2008
Clinton Says Corrupt Democrats Responsible For Fannie Mae Me
FORMER PRESIDENT BILL CLINTON BLAMES DEMOCRATS FOR FANNIE MAE MELTDOWNPresident Clinton told ABC News That the blame for the Fannie Mae Meltdown Lies squarely at the feet of Corrupt DEMOCRATS who blocked efforts to regulate and investigate Fannie Mae. You have to admire his honesty, candor, and political courage.Watch The Jim Angle Report It Links ...
Posted to
Jurisprudence
by
GeraldD
on
September 28, 2008
BILL CLINTON BLAMES DEMOCRATS FOR FANNIE MAE MESS
President Bill Clinton told ABC News That the blame for the Fannie Mae Meltdown Lies squarely at the feet of DEMOCRATS who blocked efforts to regulate Fannie Mae. You have to admire his candor - See The Jim Angle Report on Fox - Watch The Clinton Interview On ABC News --- Hear Barney Frank On Video Stating That There Is No Crisis At Fannie Mae - ...
Posted to
Trailhead
by
GeraldD
on
September 26, 2008
700+billion Bail out BS
Like any failed business the assets of these companies (whether on paper or in mortar and brick) should be auctioned off to the highest bidders. This would limit compensation of executives responsible for this disaster and hopefully allow responsible firms to manage these assets in a profitable fashion. A Gov bailout, even in the form of a ...
Posted to
Moneybox
by
Steve of MD
on
September 22, 2008
Raines Still Innocent?
Well it took a while, but Fannie Mae has finally crashed thanks to manipulation of earnings and coverups by current and former senior management. It would have been much easier to give Mr. Raines his $50,000,000+ in excess compensation than admit the company was taking incredible risks by lowering underwriting standards under his rein and ...
Posted to
Assessment
by
swnevada
on
September 7, 2008
Not for Lack of Trying
The FHLBs tried to get into the game, I believe. The Chicago and Seattle banks in particular tried to fire up a Mortgage Purchase Program, which would have given them some of the characteristics of Fannie and Freddie. However, these failed so miserably before the big boom that they went unnoticed.
Posted to
Moneybox
by
hjkotin
on
July 29, 2008
Fannie May Bailout!
I was browsing through this article when my eyes were drawn to a strange statement, 'Debt Fails'! What exactly does it mean? So I read on, and realized that the author was a journalist (hence educated in nothing) and not an economist. Fannie Mae and Freddie Mac are the US version of socialism. In the greatest instance of hypocrisy in world ...
Posted to
Moneybox
by
sanoran
on
July 15, 2008
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