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Showing posts with label Fannie Mae. Show all posts
Showing posts with label Fannie Mae. Show all posts

Jun 16, 2010

Fannie and Freddie to delist shares from NYSE

NPR BREAKING NEWS: Fannie Mae, Freddie Mac To Delist Shares From NYSE

Fannie shares have been below the $1 average price level for 30 trading days. NYSE rules require a company to take action to boost its shares or delist.

Read more at NPR.

Dec 9, 2008

US economy takeover: 1939 vs 2008

The parallels between what Bush has done taking over US banks and loan institutions such as Fannie Mae and Freddie Mac are said by some to echo too closely Hitler's tactics in Germany in the 1930s. As you know, Adolf wanted to rule the world, and the misery and chaos of war was the price he was willing for others to pay.

If you're aware of these parallels between the time periods and tactics, never mind; but if not, please read the article concerning the US dictatorship which is now being enlarged, by Michael S. Rozeff, a retired Professor of Finance.

Apparently the Nazi memorabilia room at Yale's Skull and Bones, where Bush once played, is having a renaissance of sorts. Granddaddy B helped with Adolph's piggybank and now grandson is following a similar script.

But who's playing Hitler now?