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To: BillM; Liz; stephenjohnbanker; SierraWasp; tubebender; BOBTHENAILER; BIGLOOK

“Consider how many shares are outstanding and what has happened to their value over the last two years. 1.2 Billion shares of which 15% are held by institutions have been turned to trash by OUR government! Their should be a moster class action shareholders’ lawsuit.”

Good! Shares of frauds and ponzi schemes shouldn’t be sold in the open market.

The left wing socialists and their mediot buddies will blame all of this on Bush.

About ten years ago, I sold all of our PimpCo funds which supported these frauds, and any of their so called AAA bonds. I also sold any mutual funds with a large % of these so called AAA bonds from Freddie and Fannie.

The Fannie and Freddie scams make Madoff look like a piker in the first grade of $crewthe Dumb American investors school.

Liberal frauds posing as investment advisors on tv and radio were pushing these bonds up to the meltdown and some probably even after the meltdown.


89 posted on 06/18/2010 9:55:55 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

” The Fannie and Freddie scams make Madoff look like a piker in the first grade of $crewthe Dumb American investors school.

Liberal frauds posing as investment advisors on tv and radio were pushing these bonds up to the meltdown and some probably even after the meltdown.”

EXACTLY


90 posted on 06/18/2010 9:58:36 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Grampa Dave
Ya, butcha know what... Ginny Mae, the righteous, surviving and unscathed governmental enterprise entity, gave some confused and shallow investors the idea that Freddie and Fanny were comparable in safety when nothing could have been further from the truth!!!

They believed that their investment was backed by the full faith and credit of the American Government that could print money to meet it's obligations in ANY event!!! The "Money Talk" guru Bob Brinker talked and talked about this "save haven" for years and years!!!

94 posted on 06/18/2010 10:24:17 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: Grampa Dave

Nailed it GD—F&F=fornicating US thru Fraud


95 posted on 06/19/2010 9:16:26 PM PDT by BOBTHENAILER (EPA will rule your life)
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