down 30% in price in one day. tomorrow we may see a dead cat bounce but then straight down again imo.
pending time. nothing to invest in long if it means pending anything. .. your hopium is not going to pay off because it was absolutely wrong for taxpayers to absorb 187 billion in risk because of poor government oversight and bank fraud. NEW SYSTEM FMIC to the rescue.
now with todays sell off these pumpers are grasping at straws. They even go as far as saying our senators are connected with the mafia..
Both GSE's failed and as a result taxpayers had to bail them out for 187 billion. It does not matter who the culprits are that caused the fraud because it was F & F's roll or responsibility to make sure this did not happen. It happened because the system had no responsible oversight and I am glad the Government is now taking reform of housing serious. THESE PUMPERS ARE SO OUT OF TOUCH WITH REALITY THAT IT IS IN THE BEST INTEREST OF TAXPAYERS TO RID OURSELVES OF A CORRUPT SYSTEM. FMIC(federal mortgage insurance corporation) will be the new system with government oversight that makes the banks more responsible. By more responsible I mean they will have to take on more of the risks thus being more careful of who they lend to.
You have not been to the grocery store lately. i was going to buy some pre made hamburger paties that came in a pack of 4 and it was going to cost me 15 bucks. our dollar buys nothing. its freaking almost worthless.
You are 100% correct... Let these monkeys thumb you down everyone has to know they are out of touch with right or wrong.
Lousy oversight by f&f not protecting taxpayers interests. good point blue...
But the system allowed this fruad to take place. that is why they are being replaced. taxpayers will not be on the hook for crony capitalist fraud anymore. do you get it man the sytem failed regardless who are the culprits. it must be replaced as promised the american taxpayer.
SICK TWISTED MINDS OF THE PUMPERS HAVE NEVER CARED ABOUT THE COMMON GOOD OF A SYSTEM THAT LACKS FRAUD. what your saying is true but they want care they will just continue trying to sell this idea that shareholders were mistreated by the government shutting them down after a massive bailout. TAXPAYERS ARE THE VICTIM NOT THESE CRONY CAPITALIST.
After todays news and market reaction to that news my advice seems good. it may only be hazardous to your financial health if you did not listen to my advice.
taxpayers are just a small voice over all the loud crying pumper investors. THANKS AGAIN FOR LISTENING.
RALPH NADER MAY END UP BEING RESPONSIBLE FOR SHAREHOLDER LOSES. government has made clear its intentions and it want take long for a bipartisan vote to be produced that unwinds both and replaces with (FMIC)federal mortgage insurance corporation. This is my opinion of what should happen and the government is doing finally the most responsible thing in the best interest of taxpayers who they work for. In 2008 both GSE's failed the American taxpayers and had to be bailed out for 187 billion dollars and that is not right for that to ever happen again because of fraud and corruption. Banks under FMIC will have to take on more of the risk and that protects taxpayers from future bailouts of banking fraud. Congratulations to all the Senators that is making it happen. THANKS THE AMERICAN TAXPAYER.
I read your topic (subject) then looked closely to see if I could see Gevo mentioned in the Summary(body) of your message. NOPE...
Congress seems to be keeping its promise and should if they want any credibility come november.
They both failed the american taxpayer. both needed our support to the tune of 187 billion. .what do you not call a failure?
Them pumping monkeys were never here to make anyone money but themselves because they are only daytraders. they say stay long. Buy more.. Lol
crony capitalist lose. taxpayers win if congress follows thru with there promise to end billion dollar bailouts and wind down both GSE'S.