AAA Archive

Re: Fannie & Freddie

(an email exchange) > >   On Mon, Apr 21, 2008 at 9:55 AM, Russell wrote: > >   Fannie and Freddie now back 82% of all mortgages in the U.S., >   up from only 46% in the second quarter of 2007. If they need >   a bailout – could be a trillion dollars ...Read More

Monoline proposal

Fed by itself or working with AAA counterparty offers to sell supplemental bond insurance to investors. (AFLAC concept) Maybe charge a point and insure up to a price of maybe 99, or whatever combo works. Worst case the current insurers are downgraded to AA, so they should still be able to cover ...Read More