Seeking Alpha

Dans Deep Creek Blog » Comments » Single Comment |

  • Fannie/Freddie Nationalization: Where Will It End? [View article]
    Excellent article.

    As I've said from the day they announced this plan what exactly is the plan when 2010 comes and they can't sell these loans then either?

    dansdeepcreekblog.blog...

    And as for more regulation, in 2002 didn't we pass massive regulation to aimed at rooting out accounting fraud and protecting shareholders? Bear, Lehman, Merrill, Fannie, Freddie and AIG shareholders aren't exactly feeling like it protected them. The problem of course is that these things always solve the last problem, after the fact, and yet here only 6 years later we have another crisis of a slightly different nature. Hopefully at least we have realized along the way that not everyone should own a home and that it actually makes sense to have renters and lending standards. Shocking as it is.
    Sep 17 01:29 am |Rating: 0 0
All Comments by Dans Deep Creek Blog »
Comments by Ticker
Dans Deep Creek Blog's
Comments Stats
19 comments
Rating: 3 (3 - 0 )