Replies to post #196380 on Fannie Mae-No Politics (FNMA)

[ElBabalo]

I've actually read this before, they never needed the bailout. Funny how the truth takes forever to get out, but one article can drop this stock to its knees, then weeks to go back up.

[Patswil]

Thank you that sums it up nicely

Now if we could only get the rest of the world to understand what really happened. I thousand dollars a share triple damages

[stockprofitter]

member mark for you!!

[blanka]

Great summary Ripcord!

Too bad the world doesn't see what really happened...

All this smoke and mirrors from the politicians. ..

[NoBigDeal]

So true, well said!

[jeddiemack]

Great Gosh... I've been writing this for months.

Its like the Movie Saving Mr. Banks... everyone thinks Mary Poppins is there to save the Children.. but really she was there to save Mr. Banks.


In this case Fannie and Freddie were there to save the mortgage mess not because they created it... but because they rescued it.

It would be like shooting a fireman or policeman after they saved your life. What thanks is that....

So, beyond silly .

[cfljmljfl]

The balance sheet was the most important clue about FnF so called bailout. Lot of debt added to balance sheet immediately after cship.

[cfljmljfl]

The balance sheet was the most important clue about FnF so called bailout. Lot of assets added to balance sheet immediately after cship. Why it never was questioned? I think because the same reason now, because 99.999999% of Americans are not educated to what a change like triple the assets is saying? So not educated or assumed FnF backed all these crap loans. It was too difficult to get through all the spin and get the facts.

[stockprofitter]

Have I said that this was an excellent post?
This must be sticky'd.

[Sogo]

Nailed it