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  • 2 Ignored Economic Indicators That Should Not Be Ignored [View article]
    Excellent post. Thank you.
    Jul 31, 2012. 06:07 PM | 1 Like Like |Link to Comment
  • The Federal Housing Finance Agency, which oversees Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), releases a new plan to unwind the GSEs and help strengthen the private mortgage market. One possibility: Each could hire an outside investment firm to manage their portfolios, but a BlackRock or Pimco would charge hefty fees that could exceed any savings from laying off staff.  [View news story]
    BlackRock can hire Chris Dodd and El-Erian/Gross can appoint the newly retired Barney Frank to lead the venture for PIMPco. Perhaps Cuomo can return to his roots and advise HUD. I am sure winning teams such as this will change your mind.

    Agreed that Public/Private partnerships are only good for bureaucrats and crony corpratists...the taxpayers and public in general will suffer...AGAIN.
    Feb 21, 2012. 11:19 PM | 3 Likes Like |Link to Comment