Health care is being purchased by the health care industry. Self-Serving doctors. More on “Govrernment” Sachs. Bernie Madoff and the SEC. We will never get all our money from Fannie and Freddie.
Entries Tagged as 'Fannie Mae & Freddie Mac'
Random Thoughts on Other Notable Headlines of the Day — Issue XXXVII
August 1st, 2009 · No Comments · Wall Street
Tags: Bernie Madoff·Charles Grassley·Charlie B. Rangel·CT Scans·Dave Camp·Doctors·Fannie Mae & Freddie Mac·Goldman Sachs·Government Sachs·Harry Markopolos·Health Care Reform·Howard Dean·Max Baucus·SEC·Wall Street
Random Thoughts on Other Notable Headlines of the Day — Issue XXXVI
July 18th, 2009 · No Comments · Random Thoughts
Corus Bank will be taken over by the Federal Depositors Insurance Corporation (FDIC), which means the taxpayers get nipped again. We taxpayers will get the privilege to pay off that along with any other losses the company has.
Tags: CIT Group·Corus Bank·Daniel Mudd·Fannie Mae & Freddie Mac·FDIC·Federal Reserve·Fortress Investment Group·Jonathan Weil·Oil Prices·Philip Verleger·Robert J. Glickman
After Fannie And Freddie, Some Think US Has Become A Socialist Nation For The Rich
September 8th, 2008 · No Comments · Wall Street
September 8, 2008
The Facts
In an interview with CNBC of Europe today Jim Rogers said “America is more communist than China is right now. You can see that this is welfare of the rich, it is socialism for the rich; it’s just bailing out financial institutions”. Rogers went on to say “this is madness, this is [...]
Tags: Banks & Bank Failures·Fannie Mae & Freddie Mac·Financial Bailout·Socialist Government
Paulson Implemented Taxpayer Bailout Of Fannie Mae & Freddie Mac – The National Debt Just Doubled
September 7th, 2008 · No Comments · Government
September 7, 2008
The Facts
Today Henry Paulson announced plans for the federal government to take over Fannie Mae and Freddie Mac. Paulson exercised this option based on a bill that was passed by Congress in early July of this year, which “leaves investors and shareholders unaffected” according to Lawrence Lindsey. However, initial reports today say only [...]
Tags: Fannie Mae & Freddie Mac·Financial Bailout·Financial Crisis
All The Buzz Today Is About Fannie & Freddie
August 21st, 2008 · No Comments · Wall Street
August 21, 2008
The Facts
“We are all over this today” ; CNBC’s comment several times this morning and its only 11:00 AM ET. And, this story is referenced with just about every other topic they are covering today. Without fail, when discussing this topic, bailouts are a big part of the story, as if that surprises [...]
Tags: Fannie Mae & Freddie Mac·Financial Bailout·Financial Crisis
Freddie Mac’s CEO Knew of Impending Disaster – Refused to Act
August 5th, 2008 · No Comments · Wall Street
August 5, 2008
The Facts
Richard Syron, CEO of Freddie Mac, was warned by his staff on numerious occassions that Freddie Mac was going in the wrong direction and heading for a downfall. David Andrukonis, Senior Vice-president and Chief Enterprise Risk Officer of Freddie Mac, sent Syron a memo in 2004 advising him the company was buying [...]
Tags: Big Business·Fannie Mae & Freddie Mac·Financial Crisis·Pay Packages & Bonuses
Fannie & Freddie A Shared Monopoly Backed By The Government
August 4th, 2008 · No Comments · The President
August 4, 2008
The Facts
Former National Economic Council Director and President George W. Bush’s former Assistant on Economic Policy Lawrence Lindsey, was interviewed on CNBC today. He talked about the recent bailout of Fannie Mae and Freddie Mac. He said the bill that Congress recently passed pretty much left Fannie and Freddie untouched, meaning they did [...]
Tags: Fannie Mae & Freddie Mac·Government·Socialist Government
Finally! Fannie Mae Freddy Mac “Reward For Failure” Pay Package Being Questioned
July 22nd, 2008 · 3 Comments · Politics & Politicans
July 22, 2008
The Facts
With the obvious bailout of Fannie Mae and Freddy Mac on the horizon, some lawmakers are finally questioning the “reward for failure” pay packages of Fannie Mae CEO Daniel Mudd and Freddie Mac CEO Richard Syron. Mudd received over $12 million in compensation in 2007 and Syron received nearly $20 million. In [...]
Tags: Fannie Mae & Freddie Mac·Pay Packages & Bonuses·Politics & Politicans
