Fannie Mae Plus Goldman Plus Tax Credits Plus U.S. Treasury Add Up to Big Mess [View article]
"The US Treasury does not want to look like it is favoring Goldman by approving the deal,"
LOL since when does the Treasury care about what it looks like? If this saves GS tax money it will get done. They didn't spend all that lobbying money for nothing.
Why I Bought Abbott Laboratories Despite Health Care Reform [View article]
"will settle on a solution that will preserve capitalism"
I guess saving the bankers with taxpayers' money is Ok. But providing health care to say children for example is socialism. I call your article for what it is hypocrisy.
GSEs Into Conservatorship: Can Housing Stabilize Now? [View article]
prescient11 writes: Government backed is risk-free.
Free of risk as long as the government has the ability to pay it back. Do you see taxes going up to pay them back? Or do you see the government printing the $$ to pay back the debt and if I were holding treasuries I would sell them like if they were toxic because THEY WILL NOT BE PAID BACK
Why would as you say " I hope these actions are positive for the housing market and a result in a significant decrease in mortgage rates. This would be a positive for the economy as a whole." Be positive.
Since when is extending credit to overvalued real estate guarantied by tax payers a good idea? Are you a communist or something like that?
Freddie/Fannie Plans In Motion; Why Are They Being Underplayed? [View article]
Mr borenstein
You are the poster child of what wrong with this country. While pretending to be capitalist/free markets all you do is take advantage of the corruption inside the government to profit on the backs of taxpayers - Hurray lets celebrate taxpayers will make sure I make money : disgraceful
To compare the financial problems of all these banks with Yahoo is just none sense as far as I remember Yahoo didn't have any "wink" "wink" off the books liabilities. Save this article an re-post in a couple of years and it may be true
My guess is that we would not be in the mess we are if it had been possible to "short" houses in the first place. Funny thing about the SEC is that they only understand ever increasing prices. Like the rumors thing. People are acting on rumors because the rest of the "official" news are mostly lies so what's left but rumors? The SEC would do much better by going after the pumpers
Fannie Mae Plus Goldman Plus Tax Credits Plus U.S. Treasury Add Up to Big Mess [View article]
LOL since when does the Treasury care about what it looks like? If this saves GS tax money it will get done. They didn't spend all that lobbying money for nothing.
Analyzing Larry Summers [View article]
Why I Bought Abbott Laboratories Despite Health Care Reform [View article]
I guess saving the bankers with taxpayers' money is Ok. But providing health care to say children for example is socialism. I call your article for what it is hypocrisy.
Paulson Should Remain Treasurer Through the Elections [View article]
Nationalizing Fannie and Freddie: Latest Move in the Housing Crisis [View article]
GSEs Into Conservatorship: Can Housing Stabilize Now? [View article]
Government backed is risk-free.
Free of risk as long as the government has the ability to pay it back. Do you see taxes going up to pay them back? Or do you see the government printing the $$ to pay back the debt and if I were holding treasuries I would sell them like if they were toxic because THEY WILL NOT BE PAID BACK
Fannie and Freddie: 80% Dilution [View article]
Why would as you say " I hope these actions are positive for the housing market and a result in a significant decrease in mortgage rates. This would be a positive for the economy as a whole." Be positive.
Since when is extending credit to overvalued real estate guarantied by tax payers a good idea? Are you a communist or something like that?
Freddie/Fannie Plans In Motion; Why Are They Being Underplayed? [View article]
You are the poster child of what wrong with this country. While pretending to be capitalist/free markets all you do is take advantage of the corruption inside the government to profit on the backs of taxpayers - Hurray lets celebrate taxpayers will make sure I make money : disgraceful
Financial Crisis: Getting Old [View article]
The SEC Panics [View article]