Freddie Preferred Stock
Adios Fannie Pref
Submitted by Bruce Krasting on 03/25/2014 14:01 -0500This is Washington, where nothing makes sense.
David Stockman Berates Bruce Berkowitz's Bogus Bombast
Submitted by Tyler Durden on 03/05/2014 15:06 -0500
The Fed’s serial bubble machine has not only bestowed massive speculative windfalls on the 1%, but it has also fostered a noxious culture of plunder and entitlement in the gambling casinos of Wall Street. After each thundering sell-off during the bust phase, crony capitalist gamblers have been gifted with ill-gotten windfalls during the Fed’s subsequent maniacal money printing spree. In this context comes Bruce Berkowitz “scolding” and firing “salvos” at Washington from the front page of the Wall Street Journal.
Fannie and Freddie Preferred Stock - Update
Submitted by Bruce Krasting on 07/29/2009 18:56 -0500Fannie and Freddie Pref are up 200% in five weeks. Who knows what?
