Thursday, January 22, 2009

Just found out searching news

fnm and fre will be the benificiarys of a goverment morgage purchase between 10-11 am. These are two companys that have more then half the morgages in all of america. The problem began hear. Now the goverment will start to clean up the toxic clog of these bad morgages. They trade about .70 cents each. They will not go bankrupt the goverment bailed these companys out before anyone else. g/L all