TommyG

Why Oil Tripped as Fannie & Freddie Survived

His/Her lips are moving. Mark to Market is killing the financials, don't see why it has to be. An asset (loan) is impared if it's not performing, not because someone decides not to buy it. Look at how large corps value their A/R and reserves for bad debt. Fannie and Freddie have performing portfolios and could raise large sums by reducing the amount of loans they make.