Sunday, September 7, 2008

The 30 second look on the GSE bailout

THE GSE Mortgage Backed Securities-Probably not much cost to the taxpayer.

The Government's $100 billion commitment to each GSE for a billion preferred, and 79% ownership of the GSE's where stockholder's aren't wiped out is the best outcome that shareholders could of hoped for.

The Real Winners:

Foreign Central Banks

On to the NFL-I have some bets to place!!

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