Mr. Bernanke is fiddling the levers again, promising to keep rates lower than a sea snake’s belly until 2014. America’s #1 central banker may well be highly intelligent…but that does not preclude him from also being a dunce.
January 27th, 2012 | Joel Bowman | 0 comments | ContinuedAll Posts Tagged With: "freddie mac"
The Disturbing Facts About Paulson, Fannie, Freddie and Friends
Here are the insiders at work…the people the central bankers are trying to help. Bloomberg has the story, from Richard Teitelbaum about a one Henry Paulson and his involvement with Fannie Mae, Freddie Mac …and friends.
December 2nd, 2011 | Bill Bonner | 0 comments | Continued
Flip Flopping in the Housing Market
The theories about economics and markets developed in the last 100 years are almost all nonsense. Markets are not perfect. They do not reflect the actual value of things. There’s no way of knowing what the actual value is. Instead, markets are always discovering value – in fits and starts – imperfectly. They reflect reality and fantasy…the future and the past…math and muddle.
June 16th, 2010 | Bill Bonner | 33 comments | Continued
Government Pretending Debt-fueled Spending is the Same as Growth
Instead of letting the dead die in peace…the feds are pumping financial adrenaline into their veins…turning them into zombies.
March 2nd, 2010 | Bill Bonner | 1 comment | Continued
An Insider’s View of the Real Estate Train Wreck
The first time I spoke with real estate entrepreneur Andy Miller was in late 2007, when I asked him to serve on the faculty of a Casey Research Summit. And there was no one in the nation I wanted more than Andy to address the critical topic of real estate.
February 12th, 2010 | David Galland | 28 comments | Continued
Two More Reasons to Sell Treasury Bonds
Two more reasons to sell US Treasury bonds: Fannie Mae and Freddie Mac.
January 20th, 2010 | Dan Amoss | 41 comments | Continued
Short-selling of Financial Stocks
“Unbridled short selling is contributing to the recent, sudden price declines in the securities of financial institutions, unrelated to true price valuation,” said SEC chairman Christopher Cox…
November 27th, 2009 | Adrian Ash | 0 comments | Continued
Seems Everyone is Speculating on the Banks
“Public assistance enables the world’s largest 15 financial firms to return to the capitalization they had in September 2008,” the article continues. The largest of the largest, HSBC, is now judged to be worth $186 billion, according to the stock market.
September 2nd, 2009 | Bill Bonner | 2 comments | Continued
A National Mortgage Bubble
This brings us to a quick point about the Aussie property market. A frequent complaint in the e-mail box is that house prices are a local and not national phenomenon. If that’s right, then it doesn’t make any sense to talk about a national property bubble…because there can’t be one, can there!?
August 11th, 2009 | Dan Denning | 2 comments | Continued
Fed Willing to Print Money to Buy More Bonds to Keep U.S. Interest Low
Meanwhile all sorts of mischief is afoot in financial markets and the Australian energy market. U.S. stocks fell over 1.5% in Thursday trading. The minutes of the Federal Reserve’s April meeting were published. The notes said there were “significant downside risks” to the U.S. economy and that the global financial system remains “vulnerable to further shocks.”
May 22nd, 2009 | Dan Denning | 0 comments | Continued
Federal Reserve Has Destroyed the Economy
Neil Irwin at the Washington Post reported, with that subtle-yet-unmistakable hint of panic, “The Federal Reserve yesterday escalated its massive campaign to stabilize the economy, saying it would flood the financial system with an additional $1.2 trillion.”
March 31st, 2009 | Mogambo Guru | 8 comments | Continued
Selective Socialism
Unless you have been sleeping under a tree over the past month or so, I am sure you have heard about the demise of the five largest investment banks: Bear Stearns, Lehman Brothers, Merrill Lynch, Goldman and Morgan Stanley.
November 7th, 2008 | Puru Saxena | 2 comments | Continued
Freddie Mac’s Main Man is in the News
Richard F. Syron, in 2004 received a memo from Freddie Mac’s chief risk officer warning him that the firm was financing questionable loans that threatened its financial health…
August 7th, 2008 | Bill Bonner | 2 comments | Continued
