CHATROOM

Funny Cartoon On Fannie Mae (NYSE: FNM) And Freddie Mac (NYSE: FRE)

September 7, 2008 at 4:26 pm
by Timothy Sykes

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  • http://www.learnthemarket.com ivegotstylekid

    haha thats classic

  • http://www.learnthemarket.com ivegotstylekid

    haha thats classic

  • Kurt Osis

    Don’t be stupid Tim. How do you think those American tax payers have been subsidizing their housing costs and driving up the value of the only real asset they own. With cheap debt borrowed for foreign lenders and aggregated by Freddie and Fannie, that’s how. Whatever the cost of the “bail-out” it won’t come close to eliminating the net gain provided by Freddie and Fannie to the average Tax Payer.

  • Kurt Osis

    Don’t be stupid Tim. How do you think those American tax payers have been subsidizing their housing costs and driving up the value of the only real asset they own. With cheap debt borrowed for foreign lenders and aggregated by Freddie and Fannie, that’s how. Whatever the cost of the “bail-out” it won’t come close to eliminating the net gain provided by Freddie and Fannie to the average Tax Payer.

  • yaktipper

    Looks like Cramer might be right about a huge rally on FRE/FNM news. Nikkei and futures up 2%+ as of now.

    Combine that with another hurricane and it should get a lot of spammers/pumpers working hard.

    Not going to be a boring week!

  • yaktipper

    Looks like Cramer might be right about a huge rally on FRE/FNM news. Nikkei and futures up 2%+ as of now.

    Combine that with another hurricane and it should get a lot of spammers/pumpers working hard.

    Not going to be a boring week!

  • http://www.test.timothysykes.com TIM Sykes
  • http://www.test.timothysykes.com TIM Sykes
  • http://www.test.timothysykes.com TIM Sykes

    futures were up 1.5% on friday afternoon, cramer’s gonna take credit for a rally that already begun

  • http://www.test.timothysykes.com TIM Sykes

    futures were up 1.5% on friday afternoon, cramer’s gonna take credit for a rally that already begun

  • Alex

    Yes it will be an interesting week. And to add fuel to the fire the market is at very important technical levels, Friday’s trading hit support at the last major lows.

  • Alex

    Yes it will be an interesting week. And to add fuel to the fire the market is at very important technical levels, Friday’s trading hit support at the last major lows.