Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

AIG Watch: The Taxpayer Is Being Fleeced Twice
Seeking Alpha ^ | March 17, 2009 | Bruce Krasting

Posted on 03/17/2009 12:16:50 PM PDT by arthurus

...Fannie Mae and Freddie Mac bought as much of this 'enhanced' paper as they could. The yields were great and how could they lose if the likes of AIG were going to guarantee the first loss? In 2006, FNM/FRE were trying to build market share in high risk mortgages. They kept the party going....

(Excerpt) Read more at seekingalpha.com ...


TOPICS: Business/Economy; Government
KEYWORDS: 111th; aig; bho44; classenvy; fnma; sheep; taxpayers
Ponzis financed by ponzis.
1 posted on 03/17/2009 12:16:50 PM PDT by arthurus
[ Post Reply | Private Reply | View Replies]

To: arthurus

The guy that ran Freddy got 90 million all for himself -

I bet the government cannot even account for more the 165 million in any agency it runs.

This is boob-bait-for-the-bubkis.


2 posted on 03/17/2009 12:20:05 PM PDT by edcoil (Are we there yet?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

It is shameful that the average, public school educated, hourly working man or woman, just trying to pay the bills doesn’t have a clue how they are being screwed by the Washington DC criminal class.


3 posted on 03/17/2009 12:22:51 PM PDT by mosaicwolf (Strength and Honor)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

It is shameful that the average, public school educated, hourly working man or woman, just trying to pay the bills doesn’t have a clue how they are being screwed by the Washington DC criminal class.


4 posted on 03/17/2009 12:22:53 PM PDT by mosaicwolf (Strength and Honor)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

AIG employee working overtime.

5 posted on 03/17/2009 12:23:48 PM PDT by central_va (Co. C, 15th Va., Patrick Henry Rifles-The boys of Hanover Co.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mosaicwolf
literally...

US capital blighted by HIV/Aids

http://news.bbc.co.uk/2/hi/americas/7947443.stm

6 posted on 03/17/2009 12:25:58 PM PDT by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
[ Post Reply | Private Reply | To 4 | View Replies]

To: arthurus

This whole thing seems planned.
http://freerepublic.com/focus/f-news/2207793/posts


7 posted on 03/17/2009 12:56:36 PM PDT by Lorianne
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

This whole thing seems planned.
http://freerepublic.com/focus/f-news/2207793/posts


8 posted on 03/17/2009 12:56:46 PM PDT by Lorianne
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

0 got his share.


9 posted on 03/17/2009 1:22:49 PM PDT by Spokane (Yeehaw! Change has come to Washington! Free money for everyone!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

Unfortunately, this is just the beginning.


10 posted on 03/17/2009 2:40:18 PM PDT by OldNavyVet
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson