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brute_force

01/09/09 12:20 PM

#14511 RE: Partyof22 #14508

Overseas investors buy Fannie, Freddie debt

Oh brother, just what this toxic turd needs, more debt offerings.

"It remains to be seen whether foreign official holdings have actually stabilized, or whether this is just a brief lull in the long-term liquidation that began last summer,"

I know, I know, there was no "liquidation"... LMFAO! The "lull" is no more than making VC's an offer they can't refuse - ALL AT THE EXPENSE OF THE COMMON SHAREHOLDER, who is LAST IN LINE after the VC's who buy said debt are paid-off.