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  • dhrosier dhrosier Jul 9, 2010 11:56 AM Flag

    fannie and freddie now at 20 cents

    At 20¢/share evaluate the investment as an option, not stock.

    This one has the added twist of whether the total failure of quasi-government corporation with national and international visibility would be considered too much an embarrassment.

    It has happened before. As a consultant, I was hired to work with one of the farm credit banks that was going through liquidation in the late 1980s. Farm credit banks have a much lower visibility than FNMA or Freddie.

 
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