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Re: melly4 post# 14136

Thursday, 03/21/2013 11:44:45 PM

Thursday, March 21, 2013 11:44:45 PM

Post# of 797129
Fre and fnm is an embarassment around the world. sovereign funds owned this as a safe and triple AAA investment and blew up. Turns out that...the guarantee from US government is NOT a guarantee after all. This is why the world has a credit rating to the US of a single A now. Singapore, australia and canada has a better rating than us. shame. jmo