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Recent Comments
SSTANFRD 05:27:21 PM Aug 06 2008
SGent....unsold new homes are at the lowest level in 40 years. That is part of the cycle that leads to improvement in prices. Oversupply was caused by illegal allien workers (the mayor of LA says 80% of all roofers in CA are illegals, for example)..that is why the states really hit are CA, AZ, NV, and FL. If we don't fix the border problem, this physical oversupply can happen again. As for FRE management, they are instructed by Congress to house all the flakes in the world and they did...made Greenspan quite proud...still proud Alan??
SSTANFRD 05:18:21 PM Aug 06 2008
Has anyone noticed this report is actually very good? Their loss included mostly mark to market securities....these are low right now because noone is buying them...so the "loss" is more a paper loss than an actual cash loss. When you add to that the fact they're borrowing at 3% and lending at 6% , their interest income (which is cash) shot up over $1.5billion. Plus they just up their fees a quarter of a point. The marked to market securities are backed by mortgages that are still active with monthly payments received (ie. cash)....looks to me like they just need to sit tight and let the cash sources keep flowing in. As for the market....almost half of the Shiller index cities went up in value last month...anyone mention that?? If you've got a brain, go out and buy all the real estate you can with 30 year fixed financing. This is a give away for little guy investors....once in a lifetime.Now that shorting Freddie is harder, as the stock recovers the shorts will get squeezed.....
VHRVHRVHR 04:31:16 PM Aug 06 2008
DID NOT THE CEO OF FREDDIE MAC RECEIVE A MULTIMILLION BONUS AND A SIGNIFICANT RAISE THIS PAST YEAR MAYBE I'M WRONG BUT I SURE REMEMBE SOMETHING ABOUT THIS MAYBE SOME ONE CAN ENLIGHTEN.IF TRUE WHY CAIN'T WE GET OUR MONEY BACK ????????????
AnCWalton 03:22:06 PM Aug 06 2008
Vote out any congressman that does not answer your letters or e-mails. Send notes to all your friends to do the same. You may get an answer then.
Wdm1130 03:07:29 PM Aug 06 2008
i wrote my senator norm coleman about the government including illegal aliens being covered under their retirement program instesd of ours if they want them to be covered . never even got an answer from the bastard .screw the thieves let them rot in jail to hell with waiting for their justice when they meet god let them pay now .
Wdm1130 03:01:34 PM Aug 06 2008
fat chance anything will be done to any of bush and cheneys cronies .just be ready to bend over cause this government hasnt even started in on ur tight a$$holes yet . just remember u fools elected the killer bush for a second term.professional politicians should be shot every time they try and run for a second term.
Qnthony 02:57:09 PM Aug 06 2008
When are the American people going to wakeup and start to demand both politicians and CEOâs go to jail for these atrocities
AnCWalton 02:32:33 PM Aug 06 2008
Need to put pressure on local and national media to do follow up stories on where top officers who left these outfits ended up. How much money etc in golden parachutes did they get ?---- It is necessary to create such outrage that these people are shown clearly for what they are---and if they broke laws they do amends.----We need an enviroment that returns to a service not a greed mentality re: positions of responsibility.
THOMASVA6 02:27:06 PM Aug 06 2008
yep, run your business like our government and you deserve to lose money.....
Hhppkk 02:23:38 PM Aug 06 2008
how can we find out if they gave out bonuses or raises in the last year or 2 if they did they should be sitting in jail right now.they should have quit paying a dividan over a year ago when all of this began to happen.or if they sold any stock in last year or so.the house members and senent members blind trusts should also be looked at to see if they sold the stock in last year or 2.
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