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Replies to post #2105 on Fannie Mae-No Politics (FNMA)

Replies to #2105 on Fannie Mae-No Politics (FNMA)
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Swany

11/26/08 10:46 AM

#2106 RE: RC Philly #2105

Maybe a short covering
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Phisherman

11/26/08 11:58 AM

#2111 RE: RC Philly #2105

They were trades that they(MM's) "didn't have the time" to print while FNM dipped earlier in the day. If they didn't do it they would have gotten in trouble. So, they had to do it. The important question, IMO is, "Did it benefit the MM's to do it?". He who laughs last laughs loudest.