The latest on that bailout:
- Is this the beginning of the end of capitalism?
- The exit packages… – Syron gets an extra $8.8m for forfeiting “certain equity grants.”
- Cramer: “There is, for the first time, an INCENTIVE to buy a home.”
- Yeah! We’re all Socialists now!
- “The bust and now bailout of Fannie and Freddie is no news for this author…”
- So what will the world look like once Fannie and Freddie shuffle slowly off the stage?
- Ike, Fannie and Freddie get laid. (To rest, of course)
- Fannie shareholders, and the ownership list for Freddie. (HT Dealbreaker)
- So what will the world look like once Fannie and Freddie shuffle slowly off the stage?
- “The question will now come down entirely to the “known unknown” – which is how big are the credit losses… Nobody knows. If they are bigger than about 80 billion the Government will probably wear some losses. If they are less than 80 billion the preferred will probably retain some value. If they are less than 40 billion the common will be a good buy. Unfortunately I come out about 80 billion.”