Fannie, Freddie: Who Benefited, Who Lost [Housing Tracker] [View article]
cptlgn you bring up a very good point!!! In fact, taking this a bit further, most people are F'd and don't even know it... the full exposure to the CMO in pensions such as Calpers have not even been fully disclosed...
This temporary float up (manipulation) of the market is so insiders can make the appropriate bets and either cash out, or make the losses of the funds under management less than would have been... DO NOT GET IT TWISTED. At the end of the day, middle class are holding the bag with no retirement and no value in their homes...
Fannie, Freddie: Who Benefited, Who Lost [Housing Tracker] [View article]
This temporary float up (manipulation) of the market is so insiders can make the appropriate bets and either cash out, or make the losses of the funds under management less than would have been... DO NOT GET IT TWISTED. At the end of the day, middle class are holding the bag with no retirement and no value in their homes...