Mr. Gabe Borenstein, I agree completely with your outlooks. Might I add that If one considers the fact that GOV and GSE shareholders are partners in the GSEs with the GSE's primary mission of providing market liquidity under GOV guidlines to be a form of equity that the GOV and hence the taxpayers benefit from while the GSE shareholders equity in comparison equates to a monopoly and profits realized when providing liquidity under GOV guidleines is profitable. It is quite simple to realize that with GOV and GSE being partners and 'owners' of the equity that it is about as impossible for the GOV to bailout the GOV and wipeout the equity as it is iompossible for the shareholders to lose monies by maintaining the equities they already have... This fear campaign has been nothing more that an attempted mugging of the GSEs by the greedy shorting crews who habe thier eye on the prize of BOTH form of the equities...
Thursday Outlook: Commodities, Emerging Markets [View article]