noni1

Fannie, Freddie Shareholders Will Be Left Holding the Bag - Barron's

You people just dont get it. Barrons doesnt get it. Eli doesnt get it. FNMA/FRE will survive "in their current form", with existing shareholders intact, to not only preserve the equity built up over the multi-decade timespan these companies existed, but to keep the respective employees 401ks intact. Why is that important? In order to keep these entities "in their current form", the existing employees must do their jobs! If someone just lost WHAT IS LEFT of their live savings, thats not much incentive to stick around is it? Demoralized workers anyone? And didnt you notice that Barrons didnt state its government source? Please. Rumors and lies and the veiled hand of Soros, who will be furiously covering next week. Sorry shorts, game over.