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Why financial stocks will dive this week on the Freddie / Fannie bailout news
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 1 year 75 days ago (youtube.com).  Views: 735
Tags: credit crisis  banks  fannie mae  freddie mac
Related Tags: economics  stock market  housing bubble  recession  bailout  gold  wall street  
Logically, a serious selloff in financials is what we should get. Here's why: * Preferred is basically worthless, as is common. You get an 80% position (effectively) by the government, and no dividends on either, the premium for preferred stock [More...]

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