Our ratings on the debt of Fannie and Freddie rely on our assumption of an
"almost certain" likelihood of extraordinary government support from the U.S.
(see "Rating Government-Related Entities: Methodology and Assumptions,"
published on Dec. 9, 2010, on RatingsDirect). We do not view this announcement
as sufficient to change that assumption, for several reasons. One reason is
that the proposal, while apparently enjoying some bipartisan support, still
faces substantial legislative hurdles before becoming law, including passage
by the Senate Banking Committee, the Senate, the House of Representatives
(which has developed a competing proposal), and approval by the president.
the markets are currently over rated imo people have been talking about the next bubble just like the housing crash it took a few years for it to finally collapse
lol that bill announcement didn't do ne thing initially then someone sat there and said hey, now's our chance to cause panic and get cheap shares, nice play!
i sold high and bought back yesterday, increased my share count 30% but left my 401k money as cash just incase it hadn't bottomed out, grrrr I knew I should have bought more yesterday, it's all a guess really
and why did they make them buy and what does that have to do with being released from conservatorship. my take is fnma was a victim here, otherwise why are they getting all that lawsuit money
yep yep since Obamacare and the constant smirky lies the dems will lose everything come november
lol Obama will keep this as his own personal piggy bank, it will be up to the courts, when you look at all of the scandal surrounding his administration is there any doubt he doesn't care about illegality