Fannie Mae and Freddie Mac
Treasury Secretary Snow today reiterated Greenspan's recent remarks and said that "Fannie Mae and Freddie Mac could pose a risk to the strength of the U.S. economy if the companies' businesses are not properly managed." More importantly proposals are currently moving though congress to empower a new regulator to close Fannie Mae and Freddie Mac in times of finanancial crises.
Perhaps there is a much bigger financial problem with Fannie Mae and Freddie Mac than we are told.
"You have to ask why the urgency in getting this through unless there was some financial derivatives problem of unprecedented proportions possibly brewing in either or both of these institutions." Michel de Chabert-Ostland of royalpalmtrading.com said.
Perhaps there is a much bigger financial problem with Fannie Mae and Freddie Mac than we are told.
"You have to ask why the urgency in getting this through unless there was some financial derivatives problem of unprecedented proportions possibly brewing in either or both of these institutions." Michel de Chabert-Ostland of royalpalmtrading.com said.
posted by goldprice at 7:09 PM
1 Comments:
I absolutely adore reading your blog posts, the variety of writing is smashing.This blog as usual was educational, I have had to bookmark your site and subscribe to your feed in ifeed. Your theme looks lovely.Thanks for sharing.
Regards
Stock Tips
Post a Comment
<< Home