If the bailout does not happen in any form or fashion (although it probably will), what would hypothetically happen to these two companies?
I’m thinking about buying stock in both of them. I know it’s risky, but there is a lot of potential.
If the bailout does not happen in any form or fashion (although it probably will), what would hypothetically happen to these two companies?
I’m thinking about buying stock in both of them. I know it’s risky, but there is a lot of potential.
Is his campaign about to go bankrupt and need a government bailout?
After the uproar at AIG for retention bonus payment , special tax laws were passed in Congress to punish those who were to receive them.
Now that the people at Fanny and Freddi are to receive bonuses , and they are government back and got larger bailout than AIG ..
Should the people of those two agency’s be required to return them or be under the same tax penalty.?
Should the citizens and members of congress voice their displeasure with these bonuses also as loud and as long as they were for AIG ?
These two GSE’s lost 0 billion in 2009.
Why does the tax payer have to fork over multi-million dollar **bonuses** on top of that??
http://www.fitsnews.com/2009/12/24/big-bonuses-for-fannie-freddie-ceos/
The CEO’s of government-owned mortgage giants Fannie Mae and Freddie Mac could receive executive compensation packages totaling as much as million, according to documents filed with financial regulators Thursday.
Another ten employees at the two government agencies are in line for bonuses totaling million.
Together, Fannie and Freddie have availed themselves of over 0 billion in federal bailout cash since they were seized by the government fifteen months ago.
http://www.reuters.com/article/idUSWBT01345620091224
http://www.reuters.com/article/idUSTRE5BN2ZI20091224
WASHINGTON (Reuters) – The Obama administration pledged on Thursday to back beleaguered mortgage finance giants Fannie Mae and Freddie Mac no matter how big their losses may be in the next three years.
America’s Sweetheart…."Because they are not Government owned."
Then how would you describe a relationship in which the GOVT eats ALL the losses?
Will fannie mae and freddie mac go into bankruptcy? If so what happens to the company’s stocks and stockholders? I thought that since they were receiving bailout money it would be very hard for them to file bankruptcy. Is it a good time to buy shares of this company with them being sooooooo low? Please explain and other companies to invest in would also be helpful.
http://www.businessandmedia.org/articles/2008/20080924145932.aspx
Now ask yourself why Senator Frank wouldn’t push for mortgage reform or homeowner bailout but rather giving the money to the crooks at Fannie Mae.
Spud are you a proffesional comedian? Now you guys are spinning a Democratic party issue to where they are Republican problems? HILARIOUS!!!!
Excuse me, he is a Representative not a Senator. None the less he is high ranking and influental. When the bailout bassed the house he was stumbling over his words he was so happy. He was just probably thinking about his fun night ahead (or behind) of him.
I have 100 FRE shares.
Is it better to sell them off for less instead of waiting until a bailout happens?
Just wondering with the bailout looming is freddie mac and fannie may a good buy?
I’d like to know what the differences are between the government takeover of Fannie Mae and Freddie Mac are with the government bailout of AIG.
I’m asking because I was considering buying some cheap AIG stock (as a complete novice trader, this will be one of my first buys if I make it) and I’ve been reading up on what the likely future is … some voices think it will plunge and stay like Fannie Mae and Freddie, but others seem to think it will experience at least some recoup.
Opinions?
I’m curoius to know much people understand this bailout crisis. Why are we "having" to bail out Freddie Mac / Fannie Mae? Yes, I know, it keeps the "credit flowing", but it’s heard often enough already that unless Congress bails them out, people will lose homes. Explain how.
Thanks, Christopher B, very good.
If you had 0K to invest, would Ginnie Mae funds be the best investment? How would the gov bailout of mortgagees affect GMNA?