| |
Fannie Mae |
http://www.marketwatch.com/news/story/fannie-mae-toast/story.aspx?gui...
The whole financial sector is in terrible shape and $200 billion is
not enough to fix it. The Fed's new move is only temporary. The
problem still persists. I don't know why people are buying this
stock. It is too early to judge.
"You only find out who is swimming naked when the tide goes out"
-Warren Buffet
The tide has not gone out, and it certainly think Fannie is swimming
naked.