secret of success--

secret of success--

 no one will ever know- it come to the man who has the passion to  get it
lali.asia.finance

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The US housing finance system works just fine

The US housing finance system works just fine From Mr Chris Lafakis. Sir, Edward Luce (“ Hedge funds are testing the quality of US democracy ” (Comment, May 12) paints the investors’ lawsuit against the US government on Fannie Mae and Freddie Mac as a righteous struggle between noble American democracy and the evil lords of Wall Street. Should we not question the authority of the US government to confiscate the profits of any company, including one that it bailed out, by fiat decree? The US government would not have dared to do this to AIG because it knows it would have lost in court. Banks, regulators and Congress were just as indispensable to the financial crisis as the government-sponsored enterprises. So why should the GSEs alone be taken to task? More I Mr Luce and virtually every commentator or politician who opines on this issue, including President Barack Obama, wants the US to unilaterally disarm one of its greatest sources of comparative advantage: cheap, ...
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Why I Bought Shares of Fannie Mae and Freddie Mac

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Why I Bought Shares of Fannie Mae and Freddie Mac By  Alexander MacLennan  |  More Articles   May 20, 2014  |  Comments (3) This article is part of a series of articles that looks at  Fannie Mae    ( NASDAQOTCBB:  FNMA     )  and  Freddie Mac    ( NASDAQOTCBB:  FMCC     )  from an investment perspective. To  read the full analysis,  click here . Until solid profits started to show at Fannie and Freddie, the common stock was priced for liquidation trading at around $0.30. But even as the profits started to appear, big investors like Fairholme Funds and Perry Capital purchased the preferred stock. It was only late last year that the common stock received major interest from a major investor when Bill Ackman bought nearly 10% of the outstanding shares of each GSE. The potential Trading in the $4 range, shares of Fannie and Freddie have a lot of potential upside ...
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NO LENDERS to replace Fannie, Freddie

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