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User Info M1 Multiplier goes BELOW 1.0 - WTF??; entered at 2009-01-19 20:19:02
Seabassbanker
Posts: 2766
Registered: 2008-03-09 HELL IF I KNOW
FRE FNM debacle is a preview of some lame national bank...just a govt run quasi public **** hole in which to further throw money at re-inflating a debt and asset bubble

FRE FNM are still insolvent but so long as they are able to sell their debt (which the govt bailout allowed) their little ponzi scheme can go on

without the gov't bailout they would have failed and then the stock would have been zero

I think we should make fre fnm into like 10 regional players...again decentralize risk so no single institution (ie a national bank as you suggest) can have a chance of threatening the system...too big to fail is a scourge...kill it i say

nothing the government has done during this crisis has addressed the real problem...or maybe YOU just dont get it
2009-01-19 20:19:02