Fannie Mae Freddie Mac to be delisted.

Discussion in 'Stock Market' started by PatekPhilippe, Jun 16, 2010.

  1. PatekPhilippe
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    PatekPhilippe Senior Member

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    The stocks are near worthless!!!!!
    Thanks Frank & Dodd!!!! Your stewardship of these programs is indicative of your incompetence!!!
    [​IMG]
     
  2. PatekPhilippe
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    PatekPhilippe Senior Member

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    Both take massive plunges today....and the ass clown parade continues.
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    And they now control 100% of the residential mortgage market.

    Do you understand that? Every loan now passes through either Freddie, Fannie or FHA.

    Obama Uber Alles!
     
  4. Skull Pilot
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    Skull Pilot Platinum Member

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    Government Run Entities that have gone bust.

    Social Security
    Medicare
    Fanny and Freddy
    Amtrak
    The USPS

    A partial list
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    "These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," -- Barney Frank
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    what year was that?
     
  7. Care4all
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    Care4all Warrior Princess Supporting Member

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    no i do not understand it....do you have a link that says fannie and freddie handle 100% of all mortgages in america...that all mortgages pass through them?
     
  8. Care4all
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    Care4all Warrior Princess Supporting Member

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    has fannie and freddie been MADE to buy up all the toxic mortgages in securities from the banks that made the bad loans?
     
  9. PatekPhilippe
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    PatekPhilippe Senior Member

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    As per government lending policy...they were forced to back many of the loans people defaulted on....that's why they are now broke, being delisted and the recipient of more bailout money than anyone else.
     

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