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homestead - Re: [Homestead] Fannie/Freddie bailout question --link

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  • From: "Don Bowen" <don.bowen AT earthlink.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Fannie/Freddie bailout question --link
  • Date: Sun, 7 Sep 2008 20:35:01 -0500

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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