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Housing & Mortgage Markets – Week of 12.26.10
Housing Market Is Still Facing a Blizzard
The Wall Street Journal (29 Dec 10) [Full news story (requires subscription)]
Senators Near Plan to Abolish Fannie Mae, Shrink U.S. Backstop
Photo Credit: Andrew Harrer/Bloomberg
By Clea Benson
A bipartisan group of U.S. senators is putting the final touches on a plan to liquidate Fannie Mae and Freddie Mac (FMCC) and replace them with …
Community Wizards
I grew up in a community where all the kids freely used the “F” word. Then I went to work on Wall Street, where the “F” word was quite common. If you want a taste of the Wall Street culture multivaria…
Catherine on Her Soapbox
By Catherine Austin Fitts
I would like to propose a contrary theory to the dire views of those looking behind the veil of recent economic statistics.
First, if you look at the amount of mone…
CME Said to Bid for London Metal Exchange as NYSE Explores Possible Offer
By Matthew Leising and Agnieszka Troszkiewicz
CME Group Inc. (CME) has made a bid for the London Metal Exchange as the world’s largest metals futures market plans a meeting next week to consider …