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Burma's secret schools of dissent
READING, WRITING, MATH? Burmese monks are adopting teaching methods used in secret refugee schools in Thailand, to break out from robotic learning in state schools. " Mae Sot, Thailand; and Rangoon, Burma - Deep...
Fannie Mae stock push leads to class action against Smith Barney
A class action lawsuit was filed in Florida, Monday, against Citigroup and subsidiary Smith Barney, by law firm Aronberg & Aronberg. The lawsuit alleges that Florida customer funds were improperly used to buy Fannie Mae stock, via Smith Barney mutual funds... Q&A: Stanford financial economist Darrell Duffie discusses government takeove...
Since the government announced its takeover plan of Fannie Mae and Freddie Mac, stock markets in the United States and around the world have rallied and mortgage rates have dropped. But the latest turn in the...
created by integrityforamerica | 1 year ago | updated 1 year ago
312 views | 0 recommendations | 1 comment
312 views | 0 recommendations | 1 comment
Inflation will follow Freddie Mac and Fannie Mae bail out « Peter J. Cooper...
" Yet we should all be relieved at one level: the US has chosen to go down the path of 1970s style inflation, rather than 1930s style deflation. The alternative route of letting banks fail produced the Great Depression of the 1930s and nobody wants to make that mistake again."World Economy: Investors Remain Jittery
The world's current Bear markets remain jittery this week as the US government bails out mortgage giants Fannie Mae and Freddie Mac. Unemployment in the USA reached a peak of 6.1% and consumers continue to...
created by Christina 123 | 1 year ago | updated 1 year ago
393 views | 7 recommendations | 7 comments
393 views | 7 recommendations | 7 comments
Fannie Mae loses $2.3B in quarter as defaults rise
More bad news in the U.S. housing sector -- which is bad news for the U.S. (and other) economies. You have to wonder why Fannie Mae would respond by raising prices for borrowers. Won't this ultimately lead to more defaults? You'd think they would prefer to refinance existing...Fannie Mae unveils loss of $2.3bn
" Fannie Mae unveils loss of $2.3bn Q&A Freddie Mac and Fannie Mae Problems in the US housing market have pushed mortgage finance company Fannie Mae into the red. The group sank to a net loss of $2.3bn in the three months to 30 June, against a... US spells out Fannie-Freddie backstop plan
How is that the government can extend unlimited credit to prop up financial institutions but can't extend enough credit to keep people in their homes. Given the role predatory lending played in creating the... Cloak and Dagger [unusual topics]
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