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New seeking alpha article: http://m.seekingalpha.com/article/1624192
I believe the count is 17 banks on the hook. so far.
Brah, I feel different then you do. I think this is the perfect buying opportunity. Buy the fear! I been consolidating buying here and there all summer long. Waiting for the boom, boom! It's coming! Just a matter of time.
thank you, interesting discussion.
lol, but it's compulsory for the peasants.
Senators too...
To the freakin moon next week!!! =)
Somebody just got a bunch of cheap shares!
Never done it. But I know you can.
Speedtrader
The fire rises...
Just touch 1.54 already fudge...
Fascinating...
Panic! Aaaahhh! Lol
Ok listen here MonestHind. Don't spam my mailbox with your opinion on anything. I consider what you have to say stupid. Please bugger off.
Patience dude. EoD close above 2$ IMO
Go fannie go! =)
Oh damn. Gap UP.
tomorrow's gonna be nuts.
Too much volume. They halt for a bit check to see why so much. Then resume trading if ok. Not if nefarious... Standard SEC SOP
You know what's funny? FMCC is going to write off a 29bn dollar tax break. And all that $ is going to end up going to the treasury anyway. Lol. Uncle Sam! Well played.
Oh I know.
Some time soon the gig is gonna be up where they can't hide the fact the fannie and Freddie are just gonna get a slap on the wrist and then we skyrocket to $10+ PPS
Something tells me we close green...
This is why I'm frustrated.
Yes, I'm hoping that happens again. I believe they will eventually return to something of their former selves. We need them. And the administration needs them if they want to continue the 30 yr mortgages. I don't see the need to keep those around. That's an absurd amount of time to loan somebody money. 15 yr is the standard of the rest of the world. Instead of pressuring companies to lower their lending standards you think the gov would be worried about lowering inflation so that people could actually afford the homes in the first place. $5.09 for a gallon of milk. $3.89 for a gallon of gas. Shits expensive. Detroit is bankrupt. California is bankrupt. LOL. But everyone must own a home! yeah right. These politicians are only looking out for themselves. The whole US currency is a ponzi scheme. Backed by nothing since 1971.
whole finance sector is red today...
And the stock verges on going red this afternoon, due to record profits.... Only in America.
I really hate that man. I really do....
FNMA has the most read board on ihub right now...
Oh the runs starting, cool!
Indeed. Or perhaps tackle rampant inflation.
Yeah I'll remember that the next time I are congress passing laws to benefit themselves... Lmao
Will be 2$+ tomorrow...
So 3:05pm ET he speaks today...
That'd be fn sweet
If Obama really wanted to help the country he'd be pitching to bring back the gold standard and get rid of fiat currency.... Crooks man. Every one of them...