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Obama and McCain on the Economy
I found this chart at the Los Angeles Times that I thought is nice, it breaks down issues on the economy and provides us with both of the candidate’s views on it. As an investor, some areas of interest...
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Fannie & Freddie Bailout and Credit Default Swaps
I don’t have a stake in either of these companies, but the implication of a bailout will indeed have effects on the economy. A few well known value investors took the bait on them: No question, this...
View ArticleTreasury to Release Fannie & Freddie Bailout Plan on Sunday
According to the Wall Street Journal the Treasury is going to release the details of the bailout plan for Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) Sunday afternoon. It looks like they want to...
View ArticleTranscript: Bill Ackman on Charlie Rose
On the hedge fund industry ROSE: What’s happening, in your judgment, to this industry? ACKMAN: The answer is it depends on what you benchmark the industry against. You know, the markets are obviously...
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