Freddie Prinze Jr clocking 24!
2009-05-28 07:51:00 (photo from WireImage) Freddie Prinze Jr will be joining the cast of 24 according to The Hollywood Reporter. Sources said Prinze is joining the cast of Fox's "24" as a regular, playing Davis Cole, a recently returned Marine who runs CTU Field Ops and wants to follow in Jack Bauer's (Kiefer Sutherland) footsteps. It will be nice to have him back on TV! Sounds like if the show continues past Kiefer Sutherland's contract, they are setting up Freddie to take over for Jack Bauer. Now I wonder if Sarah Michelle Gellar will be moving with him to LA or stay in NY with her pilot and wait to give birth to their first child?
Freddie Mac CFO Hangs Himself…. Literally
2009-04-22 17:05:00 VIENNA, Va. -(WTOP)- David Kellermann, acting chief financial officer of Freddie Mac, committed suicide in his Hunter Mill Estates home Wednesday morning. He hanged himself. Fairfax County Police spokeswoman Mary Anne Jennings tells WTOP police responded to the Kellermann home after family members called police at 4:48 a.m. “We were called from inside the house to come investigate an apparent suicide,” Jennings says. “We’re not going to give you details of the condition of the body, except to say it was an apparent suicide.” OK, perhaps a bit early to speculate, here. It may well have been something totally unrelated to his job. And I may well be winning the lottery, or struck by lightning. I place the chances of these at about par with each other. So, we’ll just sit back and wait for the other shoe to drop, since it clearly will, and soon. Update:(Bit) About 30 seconds after I snarked on Twitter: “Ron Brown, call your office” I noti...
By: BitsBlog
Freddie Mac CFO David Kellerman Committed Suicide (Photo)
2009-04-22 16:25:00 David Kellermann, who had been working for Freddie Mac for sixteen years and was the acting Chief Financial Officer (CFO) and Senior Vice President of the company, was found dead at his home this morning in what police called an apparent suicide. Freddie Mac released the following statement about Kellermann’s death: “The Freddie Mac family is truly ...
Paul Gilbert: racerx, freddie nelson, namm 2009
2009-04-16 12:56:00 News: 16-04-2009: It's Thursday so it must be time for more Paul Gilbert Paul Gilbert: namm 2009, raxer x freddie nelson This is a content summary only. Visit Truth In Shredding to find out more!
Freddie Nelson: metalichika interview - united nations released two part in
2009-04-14 22:18:00 News: 14-04-2009: Kudod to Jenn Feather: Freddie Nelson says: Paul had come up with this killer guitar riff, and I was trying to find a vocal angle on it. We had gone out to eat lunch one afternoon, and I saw this hot blonde with a braided ponytail, giving this poor guy the business. She was holding her hand up to his face like she didn?t want to hear what he had to say, while he was standing... This is a content summary only. Visit Truth In Shredding to find out more!
Freddie Prinze Jr & Sarah Michelle Gellar are pregnant!!!
2009-04-12 19:44:00 (photo from WireImage) Finally Sarah Michelle Gellar and Freddie Prinze Jr are going to be parents according to People. The adorable couple that have been married for 6 years are expecting their first Buffy or Fred in the fall!!! I wonder if Alyson Hannigan becoming a mother influenced her former-Buffy co-star to become one herself. Talking about ...
Sarah Michelle Gellar & Freddie Prinze Jr. Are Pregnant!!
2009-04-10 16:47:00 Sarah Michelle Gellar and her husband Freddie Prinze Jr. are very excited to announce they are expecting their first child this fall, according to Knocked Up Celebs. The couple has been happily married since 2002 and finally decided it was time to grown up and start a family. This is not the first ?Buffy, The Vampire ...
Freddie Prinze Jr & Sarah Michelle Gellar are pregnant!!!
2009-04-10 07:37:00 (photo from WireImage) Finally Sarah Michelle Gellar and Freddie Prinze Jr are going to be parents according to People. The adorable couple that have been married for 6 years are expecting their first Buffy or Fred in the fall!!! I wonder if Alyson Hannigan becoming a mother influenced her former-Buffy co-star to become one herself. Talking about ...
New Stimulus Package: Part II - FHA, Freddie, & Fannie Loan Limits
2009-03-02 21:17:00 The bill regarding FHA, Fannie Mae, and Freddite Mac loan limits has extended it’s expiration to December 31st, 2009 and increased limits to 125% of a local market’s median home price. In King County, the $417,000 loan limit for FHA has been reported to increase to $567,500 and the GSE loan limit to $567,500. California had ...
Does Barney Frank Want to Regulate Fannie & Freddie?
2009-02-04 17:45:00 In the fall, when the scope of the financial meltdown was made manifest to the American people, various conservatives pundits, bloggers and even some mainstream journalists reminded us how reluctant leading Democrats had been of regulating Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE), at the heart of the mess? While those Democrats, led by ...
By: GayPatriot
Jazz great Freddie Hubbard Dead At 70
2008-12-30 13:08:00 Jazz great Freddie Hubbard has died at the age of 70. Hubbard was a Grammy winning trumpet player, one of the best horn players of his era. He died at Sherman Oaks Hospital, only a month after having a heart attack. Hubbard’s career began back in 1958, and saw him join forces with greats including Ornette Coleman, John ...
Great jazz trumpeter Freddie Hubbard dies at 70
(AP)
2008-12-30 04:41:00 AP - Freddie Hubbard, the Grammy-winning jazz musician whose blazing virtuosity influenced a generation of trumpet players and who collaborated with such greats as Ornette Coleman, John Coltrane and Sonny Rollins, died Monday, a month after suffering a heart attack. He was 70.
Freddie Hubbard, RIP Age 70
2008-12-30 04:25:00 Word on the wire is that Freddie Hubbard has passed on. The LA Times blog has it this way: Freddie Hubbard died today at Sherman Oaks Hospital as a result of a heart attack suffered in late November. His name might not blow up the same marquee lights as that of the late Eartha Kitt, whom we lost on Christmas Day, but anyone who cultivates even a passing interest in jazz certainly knows Hubbard’s swift, mercury-smooth trumpet sound, whether they realize it or not. Indeed. They’ve got audio, over there, too. Check it out. In my view, Hubbard should be required listening for anyone wanting to understand Jazz. BitsBlog Tags: Freddy Hubbard Related posts No related posts.
By: BitsBlog
Jazz great Freddie Hubbard dead at 70
(AP)
2008-12-29 23:49:00 AP - Freddie Hubbard, the Grammy-winning jazz musician whose style influenced a generation of trumpet players and who collaborated with such greats as Ornette Coleman, John Coltrane and Sonny Rollins, died Monday, a month after suffering a heart attack. He was 70.
Freddie Nelson: paul gilbert and united nations metalichika interview
2008-12-26 14:49:00 News: 26-12-2008: MetaliChika's Jenn Put's together an interview with Freddie Nelson, whose recently been linked with Paul Gilbert and the recent release of the CD United Nations. Freddie Nelson says: I really thought I worked hard on music, until I came across Paul Gilbert. Hardest working guy in show biz, I always say! Japan was amazing! The fans were amazing! We did tons of autographs and... This is a content summary only. Visit Truth In Shredding to find out more!
Blues Christmas Music - Freddie King
2008-12-24 10:00:00 The Very Best of Freddy King (I have to check to see how his name is being spelled on each different CD cover) is an excellent blues CD for this time of the year, not only because it has some great blues music on it, but it is a nice CD to pick up during this time of year because of the Christmas tracks that are included on it.Very Best of Freddy King 1please click imageTrack Listings1. You Know That You Love Me 2. See See Baby 3. You've Got To Love Her With A Feeling 4. Have You Ever Loved A Woman 5. Hide Away 6. I Love That Woman 7. Lonesome Whistle Blues 8. If You Believe (In What You Do) 9. It's Too Bad (Things Are Going So Tough) 10. I'm Tore Down 11. Onion Rings 12. Sen-Sa-Shun 13. Side Tracked 14. The Stumble 15. San-Ho-Zay 16. Wash Out 17. Just Pickin' 18. Heads Up 19. Christmas Tears 20. Let Me Be (Stay Away From Me)
By: SqueezeMyLemon
Blues Christmas Music - Freddie King
2008-12-23 10:00:00 Dallas, Texas Jan. 20th 1973 DVDclick image for info @Amazon.comTrack Listing1-Big Legged Woman 2-Ain't Nobody's Business 3-Look Over Yonder Wall 4-Ain't No Sunshine 5-Blues Band Shuffle 6-Have You Ever Loved A Woman 7-Goin' Down/Hideaway
By: SqueezeMyLemon
Paul Gilbert: freddie nelson japanese promo tour review
2008-12-20 19:20:00 News: 20-12-2008: Thanks again to Jenn over at metalchika for this info... Can Jenn read Japanese?!... Any this is the translated version: Freddy Nelson and Paul Gilbert, has made a recent promotional visit to Japan. Dec 6 (Sat), Masanori Itoo's radio show "POWER ROCK TODAY" (bayfm: 78.0MHz / Every Saturday 25:00-29:00) in commemoration of 1000 as a special guest and the public to live Cast.... This is a content summary only. Visit Truth In Shredding to find out more!
Freddie Mercuy era bisex e non gay: nella sua vita un grande amore, Mary Au
2008-12-20 12:32:00 Freddie Mercuy era bisex e non gay E nella sua vita un grande amore, Mary Austin di Giuseppe Iannozzi Freddie Mercury non era gay. A dirlo è Brian May, chitarrista dei Queen, che insieme a Freddie ha registrato tutti i maggiori successi del gruppo. Brian May sostiene che Freddie era bisessuale. Ma questa non è una notizia vera e propria, non da quelle che mettono sotto choc la stampa. Da tempo si sapeva che Freddie amava sia le donne che gli uomini. Ebbe a dire Freddie: "Voglio salvaguardare la mia vita privata, e sento di aver fatto parecchio perché venga rispettata. Proprio come Greta Garbo, non è vero? Vergine, stesso mio segno zodiacale." E ancora: "L'eccesso fa parte della mia natura. La noia è una malattia. Ho proprio bisogno di pericolo ed emozione. Sono stato spesso ammonito di starmene lontano dai locali, perché sono troppo pericolosi. Ma io ci godo - non ho mai avuto paura di espormi." E: "Godo a e...
Fannie and Freddie need a makeover
2008-12-01 16:00:00 Government backed buyer on home loans Fannie Mae was created in 1938 as a response to the Great Depression. Freddie Mac was formed later, in 1970 and both were seized by regulators on Sept. 6 2008. It?s clear that what may have worked in the 1930s as a remedy to the Great Depression has not been working in 2008 during this recession.
Fannie and Freddie need a makeover
2008-12-01 16:00:00 Government backed buyer on home loans Fannie Mae was created in 1938 as a response to the Great Depression. Freddie Mac was formed later, in 1970 and both were seized by regulators on Sept. 6 2008. It?s clear that what may have worked in the 1930s as a remedy to the Great Depression has not been working in 2008 during this recession.
Freddie Mercury. Omaggio alla Regina con le sue canzoni
2008-11-25 20:13:00 Freddie Mercury (Stone Town, 5 settembre 1946 – Londra, 24 novembre 1991) Desidero confermare che sono sieropositivo: ho l'AIDS. Ho ritenuto opportuno tenere riservata questa informazione fino a questo momento allo scopo di proteggere la privacy di quanti mi stanno intorno. Tuttavia, è arrivato il momento che i miei amici e i miei fans di tutto il mondo conoscano la verità. Spero che tutti si uniranno a me, ai miei dottori e a quelli del mondo intero nella lotta contro questa tremenda malattia. (dal comunicato stampa con cui, il 23 novembre 1991, annunciò di avere l'AIDS) Traduzione e adattamento by Giuseppe Iannozzi Principi dell’Universo (Queen, traduzione e adattamento di G. Iannozzi) Eccoci Nati per essere Re Siamo noi i Principi dell’Universo. Apparteniamo a questa terra, combattiamo per sopravvivere in un mondo dai poteri sempre più oscuri E così eccoci qui, siamo noi i Principi dell’Universo...
CEOs of Freddie Mac and Fannie Mae Meets to Discuss on Foreclosure
2008-10-24 15:43:00 Newly elected chief executive David Moffett of Freddie Mac and Herbert Allison of Fannie Mae are trying to find out ways of preventing the problem of home foreclosures. However, they say that this real estate crisis will take a few more years to get over. In an annual convention held on October 20, Moffett said, ...
Why Won?t Democrats Investigate Fannie and Freddie?
2008-10-07 21:18:00 I’m not the only one to notice my Congressman’s failure to look into the role of Fannie Mae and Freddie Mac in the financial meltdown. Even though the jurisdiction ofHenry Waxman’s Oversight and Government Reform Committee includes the government-sponsored enterprises (GSEs), at the heart of the current crisis. In yesterday’s hearings, Waxman and his Democrats “grilled ...
By: GayPatriot
Waxman Holds No Hearings on Freddie and Fannie
2008-10-07 00:36:00 When I learned that my Congressman Henry Waxman, Chairman of the House Oversight and Government Reform Committee, was holding hearings this week on Lehman Brothers and AIG, I decided to call his office to see if he was looking into problems at Fannie Mae and Freddie Mac. His aide, incredibly helpful and polite, told me that ...
By: GayPatriot
Democrats Insisted Fannie and Freddie Were Juuust Fine?
2008-10-02 17:36:00 -By warner Todd Huston The Wall Street Journal has an important op ed that every American should read. It is simply a reiteration of quotes from high ranking, Congressional Democrats who swore to us that there wasn’t a thing wrong with Fannie Mae and Freddie Mac. They made these claims because the faulty rules they were ...
By: Publius Forum
Paul Gilbert: paul and freddie nelson set to release united states
2008-09-30 23:02:00 News: 30-09-2008: Paul Gilbert and Freddie Nelson http://www.myspace.com/tootallj-ones are set to release a new CD together entitled United States set release in Japan on 22-10-2008. It is described as a cross between Mr. Big and Queen in it's sound. Check out Freddie's previous album Too Tall Jones for examples of what the final tracks might sound like. This is a content summary only. Visit Truth In Shredding to find out more!
Republicans Predicted Fannie/Freddie Troubles YEARS Ago
2008-09-28 11:28:00 Tags: Publius Forum, Warner Todd Huston, Economy, Democrats, Liberals, LiberalismBookmark this story to your favorite service:
By: Publius Forum
McCain Campaign Manager's Firm Paid By Freddie Mac Even As McCain Claims No
2008-09-24 05:58:00 Wow, how the connections line up. According to the New York Times and Newsweek, as Senator John McCain claimed that his campaign manager has has no business with or didn't benefit from Freddie Mac and Fanny Mae, we have this new news: Rick Davis' firm had a contract with Freddie Mac as recently as last month. Here's the NYT account: WASHINGTON ? One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain?s campaign manager, according to two people with direct knowledge of the arrangement. The disclosure undercuts a statement by Mr. McCain on Sunday night that the campaign manager, Rick Davis, had had no involvement with the company for the last several years. Mr. Davis?s firm received the payments from the company, Freddie Mac, until it was taken over by the government this month along with Fannie Mae, the other big mortgage lender whose deteriorating finances help...
Government takeover of Fannie and Freddie not a cure
2008-09-16 17:00:00 By now, almost everyone has heard of the government?s takeover of Fannie Mae and Freddie Mac. But one thing almost everyone is unsure of is: how will this move improve the housing market?
Government takeover of Fannie and Freddie not a cure
2008-09-16 17:00:00 By now, almost everyone has heard of the government?s takeover of Fannie Mae and Freddie Mac. But one thing almost everyone is unsure of is: how will this move improve the housing market?
Too much regulation hurt Fannie and Freddie
2008-09-16 02:08:00 I read perhaps 1,000 articles a day, sure I scan them quickly and sometimes don't get past the headline, but this article is good enough to read and re-read a couple times:Washington Post Blames Private Sector for Government Failures"But the failure of Fannie Mae and Freddie Mac is hardly an indictment of the free market: Fannie and Freddie are ?Government-Sponsored Enterprises,? not products of the free market or the private sector."The writer goes on to tell the real story, of how government rules and pronouncements turned Fannie and Freddie into experiments in social engineering, and were not truly free market. If liberals and conservatives alike want Fannie and Freddie to be totally privatized, I'd be happy to get on board. But, leaving them flapping in the wind, and the hundreds of thousands of home buyers they would affect, for political gain is ridiculous when the government messed them up in the first place.
By: Synergy Thoughts
Explicit Fannie & Freddie: Taxpayers Tote Load, China Heaves Sigh of Relief
2008-09-12 05:44:00 At the October, 2001 national convention of the Association of Apprai-ser Regulatory Officials (AARO) the group’s past president Sam E. Blackburn decried conditions in the property appraisal industry saying “the present system is not working.” Why? Because “lenders have added a new twist to the old law of supply and demand: if appraisers don’t supply the numbers they need, ...
Theme-Song to the Bail-Out of Fannie Mae and Freddie Mac
2008-09-10 22:59:00 Take a load off Fannie…And you put the load right on me…
Nightly Ramble: Fannie and Freddie a case of Democrat corruption; Wimp Fact
2008-09-09 22:04:00 Martin makes the point I’ve been making about Fannie and Freddie… that this does not constitute a government takeover or government growth at all, for that matter, since they were governmental creations in the first place. And Billy responds. The point I’ve been trying to make, though… we need to focus on Fannie and Freddie’s problems as governmental malfeasance, and corruption, not as just an issue of the growing state. Free Market individualism was never a part of this situation, guys. That lack is exactly what allowed the kind of nonsense that went on in those two places for the last decade. That, and a Democrat run congress unwilling to rein in it’s own, who went well over the line of public service into the area of serving themselves, and their political friends.I may get into this further over the weekend, but the real truth here is that Fannie and Freddie have been patronage playgrounds for Democrats for at least the last decade, (Ca...
By: BitsBlog
Fannie and Freddie: Only the Tip of the Iceberg
2008-09-09 17:11:00 Easy Al Greenspan has stepped out of his cave and opened his big fat mouth again. This time, Al felt it necessary to propose that the United States of America have specific ?laws that authorize the Treasury to use taxpayer…
By: Jutia Group
Jim Rogers and Warren Buffett at Odds on Fannie/Freddie Bailout
2008-09-09 16:44:00 Few analysts have abstained from voicing an opinion about the U.S. government?s plan to seize control of Fannie Mae (FNM) and Freddie Mac (FRE), the nation?s embattled mortgage behemoths, and that include such eminent investors as Jim Rogers and Warren Buffett.…
By: Jutia Group
Fannie Mae and Freddie Mac needed a boost
2008-09-08 17:41:00 After five years of corporate scandals, from Enron to Tyco, then the foolish Sarbanes Oxley law that increased the cost of doing business and accomplished nothing ... we finally get to an important step in the housing recovery.Fannie Mae and Freddie Mac didn't cause the housing bubble, if there was one, or the related over-reaction of the banks and credit markets to value problems. They exist to create liquid markets for mortgage securities. The government can step in, calm the markets and restore some liquidity to credit in general, then reorganize and step back out. If the end result of all this is a profit to the Federal Government, like the Chrysler bail-out, then better yet. I posted on Active Rain with quotes from negative economic types, but it is my firm position that we are well on our way to a massive housing recovery. If you are thinking about buying, do it, because we've just dipped back below 6% on mortgages and the markets may have hit their price bottoms.
By: Synergy Thoughts
Palin Confuses Freddie Mac & Fannie Mae and Government Role - First Gaffe
2008-09-08 02:52:00 Well, McCain campaign advisor Todd Harris said they didn't want Alaska Governor Sarah Palin to make a mistake early on, and that's exactly what happened today. Palin, commenting on the news that the Federal Goverment was going to take over the poortly performing loan organizations Freddie Mac and Fanny Mae, apparently did not know that the firms were privately owned and held. Palin said this, as written by the McClatchy Washington Bureau: McCain's running mate, Alaska Gov. Sarah Palin, speaking in Colorado Springs, Colo., said Fannie and Freddie had "gotten too big and too expensive to the taxpayers." The companies, however, aren't taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization.It's this basic lack of knoweldge of Federal Government operation that both Obama / Biden supporters and GOP backers who questioned McCain's logic in selecting Palin are concerned with. Palin has no experience in t...
Pimco’s Gross sees Fannie/Freddie rescue limiting housing losses
2008-09-08 00:50:00 Bond guru Bill Gross at Pimco, who’s Newport Beach trading team has come as close as anybody in calling the housing debacle, says that the government rescue of Fannie Mae and Freddie Mac should shave housing losses. Gross, whose company manages $800 billion in fixed-income assets, says it’s too to early to call a bottom to a horrific housing debacle that’s shaved 15 percent or more off home values nationwide — losses that led to Fannie and Freddie’s downfall. (Vote: Will this bailout help O.C. housing? CLICK HERE!) “Nobody knows,” Gross says when asked if we’re near a bottom, “and that’s part of the problem.” Still, the bold government moves — announced Sunday, DETAILS HERE! — to shore up the twin mortgage giants’ finances – allowing Treasury cash to essentially help lower loan rates – is “definitely an improvement,” he says. Before Sunday, Gross says his guess is that the home market might have had as much as 15 percent m...
Gubberment to control Fannie and Freddie
2008-09-06 13:15:00 The same people that brought you "a strong dollar policy" and "small government", are now taking control of FNM and FRE. Shareholders will most likely lose 100% of their moolahs. Sorry bulls!: "Treasury Secretary Henry Paulson is preparing to announce plans to bring Fannie Mae and Freddie Mac under government control, seeking to halt the crisis of confidence in the companies that make up almost half the U.S. mortgage market" - Bloomberg.comLive trades and analysis from The Lauriston Letter
Freddie King Reissue: My Feeling For The Blues
2008-09-03 14:00:00 Today is the birthday of one of my favorite bluesmen (I say that about everyone of them), but the thing that makes me like Freddie King so much is that he did not get the kind of recogniction that I feel he deserved. So I guess that I try to compensate for that by enjoying his music all the more today.Wikipedia says;King was born Frederick Christian in Gilmer, Texas on September 3, 1934. His mother was Ella May King, his father J.T. Christian. His mother and uncle, who both played the guitar, began teaching Freddie to play at the age of six.He moved with his family from Texas to the South Side of Chicago in 1950. There, at age 16 he used to sneak in to local clubs, where he heard blues music performed by the likes of Muddy Waters, Howlin' Wolf, T-Bone Walker, Elmore James, and Sonny Boy Williamson. Howlin' Wolf took him under his wing, and Freddie also began jamming with Muddy Waters' sidemen, who included Eddie Taylor, Jimmy Rogers, Robert Lockwood, Jr. and Little Walter.By 195...
By: SqueezeMyLemon
West Ham United Part Company With Freddie Ljungberg
2008-08-06 21:35:00 The hammers have agreed to terminate Freddie Ljungberg with immediate effect, this time last year he was heralded in a 3million move across London from Arsenal. However last season he managed just 25 appearances. The undisclosed terms of the deal have been announced as acceptable for both parties. The 31 year old midfielder can now take ...
Are the Sub-Prime, Northern Rock, Fannie Mae and Freddie Mac fiascos connec
2008-07-31 21:34:00 Nearly ten years ago a Vicar told me that 80% of the couples he married said they were cohabiting. He added that he thought 50% of the rest were not telling the truth. He was exaggerating, but had spotted a trend. At about the same time, when I asked a Superintendent Registrar whether she thought banks ...
Freddie Prinze Jr. Joins the WWE
2008-07-30 16:44:00 Freddie Prinze, Jr., a long-time fan of World Wrestling Entertainment, joins WWE’s creative team. Prinze, Jr. will now have a behind the scenes role contributing to WWE’s weekly television and pay-per-view programs. “Freddie Prinze, Jr.’s passion, energy and creativity make him an excellent fit for WWE,” said Chairman Vince McMahon. "Bringing on board an experienced Hollywood writer, actor and
By: Sport Syndicate
Fannie Mae, Freddie Mac Accelerate Foreclosure Aid Plan
2008-07-25 18:55:00 The Bush Administration is trying to save mortgage giants Fannie Mae and Freddie Mac, in order to prevent the nation?s economy crashing in mortgage defaults. The President and the Senators are eagerly waiting to pass a foreclosure aid plan. It would help 400,000 real estate owners in getting affordable fixed-rate loans. The White House approved ...
Fannie and Freddie are crucial to market recovery
2008-07-21 17:00:00 It was announced early last week that the Treasury Department and Federal Reserve plans to take steps to make funds available to Fannie Mae and Freddie Mac if necessary.
Fannie Mae and Freddie Mac
2008-07-17 09:54:00 Why should the world be concerned about these US housing mortgage companies? health? It was on 13th July that we noted first about them. Look at it here. Their full names are Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). One can?t help but feel a sense of dj vu when reading about them again and again. The figures being reported about their liabilities keep going up. The two institutions are now reported to have bought or guaranteed almost half the $12 trillion housing mortgages. As government-sponsored entities, their debt had been regarded as almost as good as gilts and hence is held by many central banks worldwide. Amazingly, it now transpires that their direct and guaranteed liabilities were almost 65 times their regulatory capital at the end of the first quarter. The US government is trying to rescue the mortgage giants whose shares came under acute selling pressure last week on fears that th...
By: Discover It
Fannie Mae and Freddie Mac
2008-07-17 09:54:00 Why should the world be concerned about these US housing mortgage companies? health? It was on 13th July that we noted first about them. Look at it here. Their full names are Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). One can?t help but feel a sense of dj vu when reading about them again and again. The figures being reported about their liabilities keep going up. The two institutions are now reported to have bought or guaranteed almost half the $12 trillion housing mortgages. As government-sponsored entities, their debt had been regarded as almost as good as gilts and hence is held by many central banks worldwide. Amazingly, it now transpires that their direct and guaranteed liabilities were almost 65 times their regulatory capital at the end of the first quarter. The US government is trying to rescue the mortgage giants whose shares came under acute selling pressure last week on fears that th...
By: Discover It
Fannie and Freddie: World?s Largest SIVs Brought on Balance Sheet; Also: Mo
2008-07-17 04:35:00 Americans have been preoccupied with the news of the (nebulous) bailout plan proposed by the U.S. Treasury for troubled mortgage securitizers Freddie Mac (FHLMC) and Fannie Mae (FNMA)–”Fraudie Mac” and “Phony Mae,” as some have called them. Certainly, Secretary Paulson and has gang of Silver Spooners and government flunkies have been selling the plan ... |
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