Does anyone here have information about the multitude of *bonds* issued by Fannie Mae and Freddie Mac?
They issue so many, how can you get a handle on how their bonds are doing as a group?
That scumbag Buffett is a Democrat and he is trying to cause enormous economic turbulence before the election.
I know Freepers hate Fannie Mae and Freddie Mac, but they are only things keeping the housing market from a complete depression. Buffett wants chaos and Freepers are cheering him on.
I hate Fannie Mae and Freddie Mac, but we should take away their charter in 2-3 years AFTER the crisis is over. Buffett is pulling a Soros and trying to bring us Communism.
with wide markets the last few months on many traunches. and that they are not subject to any reporting regulations, there is no tape to review trades on. they are trading with an implicit assumption that they will be guaranteed regardless of fnm/fre and the insurer issues.
I would think explicit events showing that this is so (such as this weekend) only help them overall.