When the facts come out - itrade4real.com »
Posted By itrade4real 1 year, 3 months ago in Business & FinanceAmericans and their creditors should be irate once the "facts" come out on FNM and FRE. Just weeks ago the CEO's assured the markets they were adequately capitalized, now they are being forced against their wishes to hand over the keys. Fed examiners determined that not only were the capital reserves too low, but also the quality was questionable...
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Over 20 years experience (10 of them independent and trading personal, friends&family) from sunny Florida.
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