“House Financial Services Committee Chairman Jeb Hensarling (R-TX) has described Fannie and Freddie as the product of a ‘government laboratory’ and one that exposes taxpayers to ‘unlimited risk.’ Hensarling and others in the House are working on legislation to end the companies for good. Now that the president is on board, with apparent bipartisan support, it seems that reality may not be far off. Investors appear to be speculating on news the feds may actually pay off debt to taxpayers and recapitalize. Since liquidation appears to have broad support in the government, Fannie and Freddie look like stock to steer clear of.”
Related posts:
CIA demands more drones
Surveillance: UN 'Issue at the Apex of Public Concerns'
The Next Domino: Slovenia Government Bond Yields Spike
12-Year-Old Targeted By Idaho Tax Commission For Raspberry Stand
Scientists: Plants communicate with one another through ‘nanomechanical vibrations’
Don’t Fear the Taper
How One New Tariff Could Cost You $5,000 This Year
Why Did KKR Hire a Four Star General for a High Profile Private Equity Position?
Man Has Home Ransacked by Police for Paying Cash
Your chance to read a secret Pentagon document
Get Your Money Out: “All Legal Bank Deposit Protections Are Now Officially Gone”
Monsanto Marijuana Initiative Grows in Uruguay?
All You Need to Know About The U.S. Government
Hunger for bitcoin grows in Scandinavia as regulatory approach evolves
Leaked Docs: Dutch Rabobank Blocked Bitcoin for ‘Ethical Reasons’