4 replies to this topic

[gannman]

is it financially solvent or does it stand a chance of going under.

 

its chart does not look well

[MaryAM]

It buys up non performing MBS from the FED. Some of these securities may have fake documents supporting them. The FED must know it has a problem - even if the MBS are insured by Freddy,e.al. The insurances have been duped in some (many) cases. Buying up MBS was the only solution for the past crises - which involved massive corruption - but no one went to prison. The massive corruption continues today only in reverse with fake warranty deeds showing highly inflated prices, but no money changes hands until the properties are securitized. Counterfeiting by proxy on a massive scale and many are insured by Freddy et. Al and purchased by theFED. By the way, they are still buying this crap.

[MaryAM]

Sorry - not do but GS.

[MaryAM]

Db. Hate the computer that changes whatItype.

[gannman]

thanks Mary very interesting