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Smart_Money

06/09/03 8:53 AM

#116704 RE: otraque #116688

Freddie Mac is being exposed. This will be bigger than the Enron scandal.


Posted by: Smart_Money
In reply to: WinLoseOrDraw who wrote msg# 111326 Date:5/27/2003 10:19:59 AM
Post #of 116645

FNM is no real "stock". It is totally made up and will one day come crashing down. Another ENE WCOM in the making. I challenge anyone to explain the internal structure of Fannie Mae and Freddie Mac. After an indepth view, I am sure someone will come back shaking their head.