Comments on: Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout

By: How the Once-Respected Fannie Mae and Freddie Mac Helped Fuel the U.S. Real Estate Bubble

Tue, 26 Jan 2010 16:15:07 +0000

[...] Money Morning Investigation of the Banking Bailouts: Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailou…. [...]

By: It Was a Wonderful Life - And Then Came Securitization

It Was a Wonderful Life - And Then Came Securitization — Tue, 26 Jan 2010 15:51:50 +0000

[...] didn’t hurt that two government sponsored entities – Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) – were ready to guarantee [...]

By: Three Ways to Avoid Another Credit-Default-Swap Crisis

Three Ways to Avoid Another Credit-Default-Swap Crisis — Wed, 06 Jan 2010 19:38:24 +0000

[...] Chairman: Ban credit default swaps now! It’s’s the one thing you can do to make up for the damage you did in shielding Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) during the housing [...]

By: Why Ben Bernanke's Incomplete 'Exit Strategy' Could Lead to a Decade-Long Downturn

Tue, 15 Dec 2009 14:08:23 +0000

[...] the U.S. government – succumbing partly to pressure from foreign bondholders – last September forced Fannie and Freddie into government conservatorship, it essentially [...]

By: George

George — Wed, 23 Sep 2009 14:26:58 +0000

Let’s see….An investment bank “makes” 10b year one, and pays out 1b in bonuses. Year two, it “makes” another 10b and pays out another 1b. Same thing year three. Year four, as a direct result of it’s (basically fraudulent) activities of the preceding three years, it looses 100b, and gets bailed out by the tax payers, and pays another 1b in bonuses?! I’m concerned that revolutions are born from this kind of stuff!

By: Special Report: How the Government is Setting Us Up for a Second Subprime Crisis

Special Report: How the Government is Setting Us Up for a Second Subprime Crisis — Wed, 23 Sep 2009 09:02:31 +0000

[...] forced into government conservatorship at the height of the financial crisis – ostensibly due to concerns that foreign central banks in China, Japan, Europe, the Middle East and Russia might…. As “government-sponsored enterprises,” or GSEs, Fannie and Freddie were only supposed [...]

By: How Over-Regulating Goldman Sachs Will Lead to Higher Oil and Commodity Prices

How Over-Regulating Goldman Sachs Will Lead to Higher Oil and Commodity Prices — Fri, 21 Aug 2009 13:17:27 +0000

[...] think back to what happened last year to mortgage giants Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). It doesn’t take an [...]

By: Here's Why It's Time to Ban Credit Default Swaps

Here's Why It's Time to Ban Credit Default Swaps — Wed, 15 Jul 2009 10:49:24 +0000

[...] Citi, Fannie, and Freddie had gone bankrupt – as they would have done in a free market – and Goldman had lost the best part of $13 billion (which might well have sent it bankrupt [...]

By: Inside Wall Street: Does a Potential New Wall Street Pandemic Fester Underneath Apparent BlackRock Conflicts?

Thu, 04 Jun 2009 10:01:34 +0000

[...] know how well Freddie Mac is doing, now, with its burgeoning mortgage portfolios – it is technically insolvent. Three months before Lehman [...]

By: Although the Bailout Bill Was Rejected, It's No Time to Panic

Although the Bailout Bill Was Rejected, It's No Time to Panic — Mon, 30 Mar 2009 16:01:40 +0000

[...] Money Morning Special Investigative Report: Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout. [...]