Who Holds the Old Maid? - It’s More Than Freddie and Fannie … The US Banking System Is in Trouble … (Chris Whalen) There is a crisis brewing. He expects 100 banks to fail between now and July of 2009. Most of them will be small, but there will be a few large banks. The total assets of those banks he estimates to be $850 billion (not a typo!). … $500 Billion and Counting … Fannie, Freddie, and the Credit Crisis - John Mauldin’s Weekly E-Letter
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My Bet on Fannie - Lisa Hess - Swallow hard and stand firm with your mortgage stocks. But get a tax loss out of them. - Forbes
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The Market Direction… - Financials and TED Spread Could Signal a Bottom for Corporate Profit Declines - Credit risks still remain unquantified but the Ted Spread has been on a downward descent. - Hillbent.com
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