Yeah, What This Guy Says…

Posted on 6 March 2010, 10:59, by CWE, under Corporate & Markets, Gold, Money.

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  1. Steve Foerster says:
    8 March 2010 at 23:06

    I thought what he said about how federal commitments to back Fannie and Freddie should be treated at least in part like treasuries was interesting, but are they really analogous? Correct me if I’m wrong, but treasuries are just outright tax futures, they’ll definitely come due, whereas with the mortgage guarantees at least there’s a decent chance most of the backing will be unnecessary?

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