Comments on: How Fannie met Freddie: The True Hollywood Story of Fannie Mae and Freddie Mac. http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/ How I Learned to Love Southern California and Forget the Housing Bubble Wed, 10 Mar 2010 15:32:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: lauren http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/comment-page-1/#comment-37110 lauren Tue, 16 Jun 2009 01:28:47 +0000 http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/#comment-37110 i think that the stock will recover. the government will not let these companies fail and eventually, once the bad loan losses and what not are off their books, i think they will return to profitability. it will never be like before, where the stock will probably never excedd 4-5 dollars (once these traded over 60), but i do think that the government will be able to exit from this - but maybe not for 4-5 years. this is def. a long term investment if you were to buy the shares. i don't think the common shares are going anywhere. i think that the stock will recover. the government will not let these companies fail and eventually, once the bad loan losses and what not are off their books, i think they will return to profitability. it will never be like before, where the stock will probably never excedd 4-5 dollars (once these traded over 60), but i do think that the government will be able to exit from this – but maybe not for 4-5 years. this is def. a long term investment if you were to buy the shares.

i don’t think the common shares are going anywhere.

]]> By: Best Domain hosting http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/comment-page-1/#comment-36867 Best Domain hosting Sat, 06 Jun 2009 16:51:58 +0000 http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/#comment-36867 Are Freddie and Fannie doomed to got he way of Indy mac or not? I see a bunch of conflicting stories about it, and am interested in what is going to occur with the common stock. Are Freddie and Fannie doomed to got he way of Indy mac or not?
I see a bunch of conflicting stories about it, and am interested in what is going to occur with the common stock.

]]> By: mikke http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/comment-page-1/#comment-20016 mikke Mon, 14 Jul 2008 20:31:56 +0000 http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/#comment-20016 Concentrating profits and socializing costs has ALWAYS been the basis of market economies. What do you think "profit" and "growth" are? They are the cream, and they are skimmed, and many get the whey so some can get the good stuff. We're all implicated in this, and judging by how many people will stint their kids on good food rather than changing their fossil energy consumption, most of us choose to remain implicated. You don't think you pay full cost for every mile you drive in your car, do you? Of course you don't. Everyone in the world pays so the few can drive (and fly, and develop land, and go on cruises, and so on). Storming the Capitol and hanging bankers from lamp posts I suppose meets the criterion of a good fantasy wankaroo for some. But the fact is, a much larger redefining is needed. Before I retired I spent 30 years working for organizations doing that thinking and trying to build mechanisms for it. Suffice it to say, I don't have a lot of hope it can happen here in the US, where saving, working, investing (in something real), and taking responsibility for one's actions are considered the activities of suckers and chumps. mik Concentrating profits and socializing costs has ALWAYS been the basis of market economies. What do you think “profit” and “growth” are? They are the cream, and they are skimmed, and many get the whey so some can get the good stuff.

We’re all implicated in this, and judging by how many people will stint their kids on good food rather than changing their fossil energy consumption, most of us choose to remain implicated. You don’t think you pay full cost for every mile you drive in your car, do you? Of course you don’t. Everyone in the world pays so the few can drive (and fly, and develop land, and go on cruises, and so on).

Storming the Capitol and hanging bankers from lamp posts I suppose meets the criterion of a good fantasy wankaroo for some. But the fact is, a much larger redefining is needed. Before I retired I spent 30 years working for organizations doing that thinking and trying to build mechanisms for it. Suffice it to say, I don’t have a lot of hope it can happen here in the US, where saving, working, investing (in something real), and taking responsibility for one’s actions are considered the activities of suckers and chumps.

mik

]]> By: Scott http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/comment-page-1/#comment-19927 Scott Sun, 13 Jul 2008 20:10:42 +0000 http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/#comment-19927 Gael I think you've summarized the situation very nicely. There is no 'solution'. Now to add another problem for Mr. Bernanke I read that Indymac's collapse will consume 10% of the FDIC's insurance reserve. Indymac was just a middling sized bank. Wachovia, to name just one and one that is offering even higher CD rates than Indymac did to attract deposits and whose share price is crumbling, is something on the order of 20 times the size of Indymac. The FDIC only had a little over $50 billion in reserves. You have a Wamu or Wachovia fail and those reserves are gone. It would appear the FDIC never envisaged anything more than some small to middling sized bank failures and if those are coming so too is the very real danger of huge regional banks and even the mega banks crumbling. Gael I think you’ve summarized the situation very nicely. There is no ’solution’. Now to add another problem for Mr. Bernanke I read that Indymac’s collapse will consume 10% of the FDIC’s insurance reserve. Indymac was just a middling sized bank. Wachovia, to name just one and one that is offering even higher CD rates than Indymac did to attract deposits and whose share price is crumbling, is something on the order of 20 times the size of Indymac. The FDIC only had a little over $50 billion in reserves. You have a Wamu or Wachovia fail and those reserves are gone. It would appear the FDIC never envisaged anything more than some small to middling sized bank failures and if those are coming so too is the very real danger of huge regional banks and even the mega banks crumbling.

]]> By: gael http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/comment-page-1/#comment-19922 gael Sun, 13 Jul 2008 18:27:38 +0000 http://www.doctorhousingbubble.com/how-fannie-met-freddie-the-true-hollywood-story-of-fannie-mae-and-freddie-mac/#comment-19922 Phew! That didn't seem like AnnScott. Anyone see this article? http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4322440.ece Uh, how is 15 billion dollars going to help two troubled possible insolvent companies fix a problem estimated to cost 300 billion? Are they expecting other bill spenders to throw more money into the pile? Cause if not, isnt it the same as just throwing that money away? Is this being done with the idea that these efforts will prop up home prices? If home prices continue to fall aren't more losses guaranteed? If home prices don't fall won't the real estate market still be locked up since most people don't have the salary to afford homes at today's prices without creative loans like ARMs and such? What do you think? Phew! That didn’t seem like AnnScott.

Anyone see this article?
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4322440.ece

Uh, how is 15 billion dollars going to help two troubled possible insolvent companies fix a problem estimated to cost 300 billion? Are they expecting other bill spenders to throw more money into the pile? Cause if not, isnt it the same as just throwing that money away?

Is this being done with the idea that these efforts will prop up home prices? If home prices continue to fall aren’t more losses guaranteed? If home prices don’t fall won’t the real estate market still be locked up since most people don’t have the salary to afford homes at today’s prices without creative loans like ARMs and such? What do you think?

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