Replies to post #2596 on Freddie Mac-No Politics (FMCC)

[Iron Maiden]

Sucker for punishment ...I picked up more at .255

[Phisherman]

I am sure we will never know, but it helps knowing this pig is worth so much, IMO.

[brute_force]

roiresearch, this isn't "shorty", this is LIQUIDATION. Everyone is bailing ship - while they can. AIG serves as a good example. The feds are going to control AIG with an 80% equity stake. The feds will own a 79.9% stake of FRE. For their ROI they have liquidation rights and preferences. The fedral reserve will only print up money it can get a ROI on, the federal reserve is a for-profit venture that answers to shareholders too.
Down again today. It will continue that way until there is no bid.