Comments on: Freddie, Fannie Notable Comments (Mainly Not Pretty) http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html Sun, 22 Nov 2009 11:45:14 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html#comment-14513 Anonymous Mon, 08 Sep 2008 10:14:00 +0000 http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly-not-pretty/#comment-14513 Please. This is not socialism. This a direct transfer of wealth from taxpayers to financial institutions and homeowners. It's only socialism if EVERYONE owns a home. I don't, buy I pay taxes. Please. This is not socialism. This a direct transfer of wealth from taxpayers to financial institutions and homeowners. It’s only socialism if EVERYONE owns a home. I don’t, buy I pay taxes.

]]> By: timmyp http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html#comment-14511 timmyp Mon, 08 Sep 2008 09:15:00 +0000 http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly-not-pretty/#comment-14511 so now the usd is going massively bid, yields are coming lower, and equities still flying... i f ail to see what kind of insight Ben Bitroff has provided us with, except that you can paint any kind of picture you like with market moves, especially when they occur in the illiquid asian trading session. The tone of the website is like a cult. Where is the reasoned argument? so now the usd is going massively bid, yields are coming lower, and equities still flying… i f ail to see what kind of insight Ben Bitroff has provided us with, except that you can paint any kind of picture you like with market moves, especially when they occur in the illiquid asian trading session. The tone of the website is like a cult. Where is the reasoned argument?

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html#comment-14502 Anonymous Mon, 08 Sep 2008 06:07:00 +0000 http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly-not-pretty/#comment-14502 WASHINGTON (Dow Jones)--The federal budget deficit reached $486 billion in the first 11 months of fiscal-year 2008, the Congressional Budget Office said in its monthly assessment Friday. <br/><br/>That was up by $212 billion from the comparable period of fiscal-year 2007, the CBO said. The federal fiscal year began Oct. 1. <br/><br/>The CBO assessment also said it expects that the government would have a surplus for the month of September, resulting from quarterly payments of estimated income taxes. The CBO expects a $400 billion deficit for the full fiscal-year 2008. WASHINGTON (Dow Jones)–The federal budget deficit reached $486 billion in the first 11 months of fiscal-year 2008, the Congressional Budget Office said in its monthly assessment Friday.

That was up by $212 billion from the comparable period of fiscal-year 2007, the CBO said. The federal fiscal year began Oct. 1.

The CBO assessment also said it expects that the government would have a surplus for the month of September, resulting from quarterly payments of estimated income taxes. The CBO expects a $400 billion deficit for the full fiscal-year 2008.

]]> By: dh http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html#comment-14498 dh Mon, 08 Sep 2008 05:24:00 +0000 http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly-not-pretty/#comment-14498 I'm still looking for MBS clues:<br/><br/> Unpaid principal balance of: mortgage loans held in our mortgage portfolio; Fannie Mae MBS (whether held in our mortgage portfolio or held by third parties); and other credit enhancements that we provide on mortgage assets. Excludes non-Fannie Mae mortgage-related securities held in our investment portfolio for which we do not provide a guaranty. The principal balance of resecuritized Fannie Mae MBS is included only once in the reported amount.<br/><br/>Re: Guaranty book of business (12)<br/><br/>Fannie Mae MBS held by third parties (10)<br/><br/>http://google.brand.edgar- online...47aiWHH8YxwBeA7<br/><br/>Anyone?? I’m still looking for MBS clues:

Unpaid principal balance of: mortgage loans held in our mortgage portfolio; Fannie Mae MBS (whether held in our mortgage portfolio or held by third parties); and other credit enhancements that we provide on mortgage assets. Excludes non-Fannie Mae mortgage-related securities held in our investment portfolio for which we do not provide a guaranty. The principal balance of resecuritized Fannie Mae MBS is included only once in the reported amount.

Re: Guaranty book of business (12)

Fannie Mae MBS held by third parties (10)

http://google.brand.edgar- online…47aiWHH8YxwBeA7

Anyone??

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly.html#comment-14488 Anonymous Mon, 08 Sep 2008 04:36:00 +0000 http://www.nakedcapitalism.com/2008/09/freddie-fannie-notable-comments-mainly-not-pretty/#comment-14488 Welcome to the USSA. The United Socialist States of America! Welcome to the USSA. The United Socialist States of America!

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