flockofsheeples Posted September 27, 2004 Report Share Posted September 27, 2004 EditSilver now comin on!!!!!! $6.52 is a breakout to a 14-period high. Let's rock ... in your best beavis and butthead voice... BOIIIIIIIIIIING!! Link to comment Share on other sites More sharing options...
Pee Brain Posted September 27, 2004 Report Share Posted September 27, 2004 FNM up big 66.60 pre market as it promises to raise capital surplus 30% or 6 billion dollars...Now who do you think will be buying this news? And how will they find 6 billion? Rog if youre around could you explain how such a task might be accomplished? TIA selling loans? Link to comment Share on other sites More sharing options...
Ned38 Posted September 27, 2004 Report Share Posted September 27, 2004 Who says they have the money? Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 Who says they have the money? My first thought Thare goes the RUT Link to comment Share on other sites More sharing options...
The brown one Posted September 27, 2004 Report Share Posted September 27, 2004 The pillars of the credit bubble are starting to shake. This time Fannie Mae's problems won't be cured by more political donations and lobbyists: Fannie Mae Takes New Approach in Crisis By Jeffrey H. Birnbaum and David A. Vise Washington Post Staff Writers Monday, September 27, 2004; Page A01 Fannie Mae, one of Washington's largest and most influential companies, is facing a serious crisis. Federal regulators have accused the mortgage-finance giant of cooking its books, in part to make room for huge bonuses for its top executives. When confronted with emergencies in the past -- legislative efforts to tax the company or to end federal ties that give it a competitive advantage -- Fannie Mae has used a brass-knuckles approach. Its political machine, comprised of hired lobbyists, executives and directors of both political parties and grassroots groups nurtured by donations from its foundation, has long been able to run over its adversaries. "I don't think they have ever faced a crisis like this. Political muscle is not going to fix this problem," said Washington attorney Bill Lightfoot, who tangled with Fannie Mae over tax issues while a member of the D.C. Council. http://www.washingtonpost.com/wp-dyn/artic...-2004Sep26.html "Fannie Mae has used a brass-knuckles approach. Its political machine, comprised of hired lobbyists, executives and directors of both political parties and grassroots groups nurtured by donations from its foundation, has long been able to run over its adversaries." Really quite a criminal enterprise they have going there. "Foundation" =slush-fund,I presume. So,you take public/shareholder money,siphon some off into a slush fund which buys "protection",makes the gang bosses rich and leaves the bag-holders with an empty shell.And this is all "legal" in the US--just beggars belief. Link to comment Share on other sites More sharing options...
Guest Posted September 27, 2004 Report Share Posted September 27, 2004 RUT 560 broken Link to comment Share on other sites More sharing options...
purdymouth Posted September 27, 2004 Report Share Posted September 27, 2004 Thare goes the RUT glad I've got POSSX :grin: Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 PAAS sending a message to the paper silver shoerts LOA New high for the move Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 New Home Sales up 9.4% Expected 1 and change Wonder how this number is calculated. hard to believe but what election year government number is? Link to comment Share on other sites More sharing options...
soup Posted September 27, 2004 Report Share Posted September 27, 2004 Does this mean anything? "0:00 U.S. Aug new home inventory 25-year high of 404,000" Link to comment Share on other sites More sharing options...
NWD Posted September 27, 2004 Report Share Posted September 27, 2004 And how will they (FNM) find 6 billion? Based on my impressive grasp of the obvious, I'll say what everybody's thinking. Either the Treasury or the Federal Reserve. Link to comment Share on other sites More sharing options...
Guest Posted September 27, 2004 Report Share Posted September 27, 2004 Hard to believe the government would have released to totally BS housing related number on the same day Fannie is about to go into full cardiac arrest.... NOT! Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 The importance of the BKX cannot be understated LOD looks like it is rolling Goodbye and Good Riddance Link to comment Share on other sites More sharing options...
stl_sftnr Posted September 27, 2004 Report Share Posted September 27, 2004 Given Rumsfeld's proclamation that it is better to have an incomplete vote than no vote at all (and given the mess that florida is in), I think it makes perfect sense to eliminate Florida entirely from the voting process this time around. This will eliminate any question of fraud, and eliminate the possibility that the helicopter drop of billions of dollars on florida will have any influence on the elections. Call me a conspiracy nut here, but Plunger?s assessment along with the recent hurricanes made me think along these lines. We had a disproportionate number of hurricanes striking FL this year. Damage is massive, people are fed up and the state resources are stretched to the limit. Since the hurricane season extends all the way into October, imagine another hurricane hitting FL during the last week of October. That will be enough excuse to postpone voting in FL. The rest of the country will vote GWB in and any runoff election in FL later (if it ever happens) will have no more impact on the outcome. Now technology is available for our military to create climatic changes, is there some experiment going on in South Atlantic? Link to comment Share on other sites More sharing options...
orvack Posted September 27, 2004 Report Share Posted September 27, 2004 Broken record : Uranium stocks on fire. All up 3-15% Nuclear power slides back onto the agendaBy Thor Valdmanis, USA TODAY NEW YORK ? Reviled for more than a quarter of a century, nuclear energy is poised for a comeback. Soaring energy costs, worries about energy dependence and growing fears of global warming have combined to revive a once-doomed industry that remains the butt of pop-culture satire such as The Simpsons and Teenage Mutant Ninja Turtles. http://www.usatoday.com/tech/techinvestor/...ear-cover_x.htm Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.