BSCLossMan

Freddie and Fannie: Living in the Past

In my humble opinion, entities like fannie and freddie should not exist and should never have existed. Banks that write loans should never be allowed to package them in any way, shape or form, to sell elsewhere. It's clear that Wild Capitalism, during which anyone will do anything to make money and juice returns, the only restraint (obviously government supervision doesn't do much) is to force, by law, banks to hold all loans on their books. Period.

Bank Index [BKX]: Near-Term Bottom in the Financials?

I wish people would stop talking about the bottom in anything, particularly financials. We're in for a long slide yet.