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Federal National Mortgage Association Message Board

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  • mardermj mardermj Sep 6, 2008 7:33 PM Flag

    FNM TO OPEN ABOVE 10 TOMORROW

    Take that thought one step further, who would invest in ANY GSE, if the govt ensures stock brokers like BSC get ten bucks a share, but GSE get the shaft because the same govt didn't due its regulatory job? And if you're not giving loans to folks who just barely qualify, why would you even have a GSE Fannie or Freddie in the first place?

    Can you imagine the sound of silence the day they offer common to shareholders after wiping this group out?

    Stick your shares up your a.s.s., is what I would think they'd say.

 
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