[Homestead] Fannie/Freddie bailout question --link

Don Bowen don.bowen at earthlink.net
Sun Sep 7 21:35:01 EDT 2008


Here is a reasonable analysis of today's events.  Still a lot of unknowns
such as how much will this cost the taxpayer.  And bank failures will rise
above the current pace of 11 so far this year.

"This will have a significant impact on some banks, as the FDIC noted
earlier today. Many banks will have to take write-downs (as they mark to
market), and some smaller banks will probably fail."

http://calculatedrisk.blogspot.com/2008/09/fannie-freddie-thoughts.html

Don Bowen  KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html




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