InvestorsHub Logo

bbotcs

07/12/08 1:35 PM

#14033 RE: cl001 #14028

DANGER WILL ROBINSON, DANGER WILL ROBINSON:

If we let Fannie and Freddie fail, we are all up the creek without a paddle. Think money markets. U'd be hard pressed to find one that does not hold Fannie and Freddie's paper. IMO this is the scariest thing yet.

If THEY fail, it is over. I AM 100 PERCENT SERIOUS.


crk

07/12/08 1:50 PM

#14036 RE: cl001 #14028

Also with reference to your VMC Motherboard post on FRE/FNM bailout, I would like to bring to the attention, another strategy that may have lost in translation; and that is shorting the Treasury bonds.