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
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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
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