British Petroleum $BP is worthless. It may trade for 2-3 more years and even rally now that I have blogged my opinion (no position), but stop the insanity. The American taxpayer owns it. Figures. No upside, all the downside. My dog likes to dig holes and I am running around my backyard of my rental …
Search for fannie mae 41 results found
Fannie Mae (FNM) and Freddie Mac (FRE) on Wallstrip – It's Backwards Day
You can’t teach the ‘yoots’ of America about the stock market going forward without an explanation of the Fannie Mae (FNM) and Freddie Mac (FRE) debacle. So Julie does : Julie should be running monetary policy.
Fannie Mae and Freddie Mac to Buy Rick's Cabaret and than Ning.com!
I got the following e-mail from my friend Will G, a friend and successful commercial developer in California, regarding Freddie and Fannie: $5.2 Trillion. This is the face value of the amount of loans owned and/or guaranteed by Fannie Mae and Freddie Mac together. I did some off the cuff calculations. If we assume that …
Bad Day for Capitalism…Good Day for Government Lovers…Fannie Mae (FNM)
Fannie Mae is now a carcass for the government to deal with. Sadly, they refused to deal with it while the stock was riding high and insiders were dumping stock like I dump an hour after a Carnegie Deli Pastrami sandwich (clear enough picture for you). Making fun and warning of Fannie Mae is not …
It was Close BUT Fannie Mae Beats Citibank to TEENAGER
One thing they do have in common…they are toxic turds. I am looking into some toilet paper private logo rolls with their ticker symbols Citibank (C) and Fannie Mae (FNM). They would be giant rolls thats for sure. Good news is they are the BUY of a LIFETIME according to CNBC and Fast Money last …
Citibank (C) and Fannie Mae (FNM)…The Race to Teenagers
Little do they know but turning back time to your teen prices, is not that fun, exciting, or good for others. Bunch of yutz’s in charge at both Citibank (C) and Fannie Mae (FNM) Financial Pukealooza is a raging success. The party no one wanted to attend, yet everyone showed up. Disclosure- Long DISDAIN for …
I say Fannie Mae…You say Freddie Mac…Whatever – They Both Bite!
I forgot to mention Freddie Mac (FRE) , the kissing cousin of Fannie Mae in my post yesterday . They move together pretty much. This morning, Fannie is pissed at cousin Freddie for ‘blowing up ‘ first. They have both blown up months ago but the news is hitting today. I think the secret sauce …
Deep market Thoughts…Fannie Mae's Magic Act is OVER!
Not much to say about the shittkicking that the financials took today other than…duh! Goldman ANALysts took a few moments away from adding up their bonuses to declare Citibank a ‘sell’. That’s just humorous at this point. If you expect more from research at this level, you are VIC . Elsewhere in financial hell, CountryWide …
Fannie Mae…The Magic Act
As homebuilders implode, mortgage companies lock their doors and banks write down assets they have no idea how to value, Fannie Mae stands tall. For those that don’t believe in financial magic, you have never shorted this stock. The freaking beast is a miracle. The problem is, this time it does not matter. Countrywide, Beazer …
Fannie ‘Freaking’ Mae…We Make Your Failure Seem Like Winning!
It’s that exciting time again when Fannie Mae tells us just how much they suck. Hold…… FIVE billion! Ugh. F@#k. Toow (Woot in reverse). Doink. Kapow! Fannie Mae is relentless in their ability to suck. They have managed to tarnish the word ‘failure’. In 2008, the Dow would open at Zero tomorrow. The reality is, …