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
PIMCO
On to the NFL-I have some bets to place!!
No comments:
Post a Comment