experts are really not experts




so they said this is the way.......
Location: Wall Street, New York, NY, USA

Comments

Post a Comment

Popular posts from this blog

he has other vested interest he is conected so he is diffrent

Image
if  fanny is reformed as per government wishes he stand to gain by his wells fargo -so he goes.....Hew had the first call on many such crisis like Goldmans  preferred etc  he is not only connected via his moodys he get first all opportunity unlike us  1 Billionaire Weighs in Again on Fannie Mae and Freddie Mac By  Patrick Morris  |  More Articles   May 23, 2014  |  Comments (6) Warren Buffett at  Berkshire Hathaway   has once again provided a  unique and critical  insight into what he believes is best for government-sponsored mortgage enterprises  Fannie Mae   ( NASDAQOTCBB:  FNMA     )  and  Freddie Mac    ( NASDAQOTCBB:  FMCC     ) .  At the latest Berkshire Hathaway annual meeting, Buffett and longtime business partner Charlie Munger continued their tradition of conducting a question and answer session lasting more than six hours....
Read more

There's A Zucker Born Every Minute

Image
Facebook: There's A Zucker Born Every Minute May. 14, 2014 7:30 AM ET    |    34 comments  |    About:   Facebook (FB) Disclosure:  I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.  (More...) Summary Facebook shares have taken a beating as of late along with a majority of the rest of the high flying momentum cohort. Facebook may be the instrument of its own destruction by using stock rather than cash to acquire other companies. According to a recent report Facebook’s active users have dropped just as the company moved into heavy monetization mode. I submit the recent spending spree combined with a significant ratcheting up of monetization and insider selling signals the beginning of the end for Facebook. "There's a Zucker born every minute" The above phrase is a play on the timeless maxim "There's a sucker born every minute." The maxim i...
Read more
Image
TAKEAWAYS  ON FANNIE,  FREDDIE EARNINGS Mortgage giants Fannie Mae and Freddie Mac are sending $10.2 billion to the U.S. Treasury after reporting combined first-quarter profits of $9.3 billion. But Thursday’s earnings reports hinted at a possible cooling off in the profits of both companies, which have benefited from large one-time gains over the past several quarters. They also suggested a modestly softer housing demand. Here are five takeaways: 8 MAY 2014 6:17PM BY   NICK TIMIRAOS   CONNECT 1 BIG ONE TIME GAINS Share on Twitter Fannie reported pre-tax income of $7.9 billion, of which $4.1 billion came in legal settlements that aren’t likely to be repeated. Freddie reported pre-tax income of $5.8 billion, with $4.9 billion in legal settlements. In recent quarters, the companies have also benefited from a big rebound in home prices. The rebound has allowed them to release reserves as expected losses failed to materialize and to re...
Read more