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Sep. 7th, 2008 12:17 pm
unforth: (Default)
[personal profile] unforth
The Federal Take Over of Fannie Mae and Freddie Mac scares me, but I'm not sure why, and I don't know enough about economics and such to know if it should. Anyone know more that can tell me if I should be worried?

Date: 2008-09-08 04:38 am (UTC)
From: [identity profile] unforth.livejournal.com
Yeah, that's why I asked you.

Date: 2008-09-08 05:17 am (UTC)
From: [identity profile] ultimabaka.livejournal.com
To put things into perspective though, the Asian markets ate it up, up 4% a/o 1:30est. I wouldn't be surprised if US advanced markets don't do the same.

Date: 2008-09-08 05:34 am (UTC)
From: [identity profile] ultimabaka.livejournal.com


US advanced markets seem to like it a helluva lot. We shall see...

Date: 2008-09-08 01:25 pm (UTC)
From: [identity profile] unforth.livejournal.com
...you labeled an item on a Bloomberg report "nomnoms."

I don't even know what to say to that.

Date: 2008-09-08 10:35 pm (UTC)
From: [identity profile] ultimabaka.livejournal.com
I can haz theoretical futures markets at 1am? :P *huggles*

Date: 2008-09-08 11:43 pm (UTC)
From: [identity profile] unforth.livejournal.com
Yes, you can. Now if only you had cat in the picture...

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