Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Regent Ventures Ltd RGVNF

Regent Ventures Ltd is engaged in the acquisition, exploration and development of mineral resources properties.

GREY:RGVNF - Post Discussion

Regent Ventures Ltd > Thanks Bill, Barney & Sub Prime
View:
Post by dogone on Oct 21, 2010 7:23pm

Thanks Bill, Barney & Sub Prime

Tab for Fannie, Freddie could soar to $259B

WASHINGTON (AP) — The government spelled out Thursday just how much the most expensive rescue of the financial crisis will end up costing taxpayers — as much as $259 billion for mortgage buyers Fannie Mae and Freddie Mac.

That figure would be nearly twice the amount Fannie and Freddie have received so far.


Agreed there were some bad Republicans too .. but the Majority were Bill's bad-boys

this whole sub-prime mess led to losses in the Housing industry, the Credit industry, Banks etc...

I still hear there should be some good REV corporate news ...maybe that is why the stock was pushed down, so some buying could occor....

Comment by curtisprod on Oct 21, 2010 8:36pm
As much as it hurts me to admit......Snoopdoggy is correct....ohhhhh  the painnnnnnnnn   and on all counts..  his last 2 posts that is......Right on stocky also.....Rino repubickins suck and so do Progressive Liberal  Dumocrats.  Things could get so bad here we may sneak across the border to Canada for healthcare...It's getting unfair here.  One poor guy had ...more  
Comment by myNEXTmillion on Oct 21, 2010 11:30pm
Sorry dogone, I have to put the blame on Bush and his cronies.  He was the steward of the US for eight years.  It was within his power to stop it, and HE DID NOT.  I'm sure he was briefed over the years how bad the situation could get, yet he failed to reign in Wall Street, the banks and the whole mess.
Comment by curtisprod on Oct 22, 2010 7:34am
My Next, you are correct.  Bush sucked for the last few years of his term. He did his job at the beginning but during the last two years of his term  he had a Democrat controlled congress.  For the past four years the congress of the USA has been Democrat controlled.  The banking committees run by Barney Frank and Chris Dodd, pressured the banks to give loans to ...more  
Comment by dogone on Oct 22, 2010 10:56am
I agree Bush was not productive in his second term, but Curt is correct Congress was Democratic controlled. The US laws are created by Congress and the President only approves or vetos. This economic landslide started in the early Clinton years, and took a long time to unfold. As the snow ball got bigger and bigger ..Wall Street jumped in in a typical greedy manner. We may never know of the ...more  
Comment by redoctober777 on Oct 22, 2010 11:28am
You know, back in summer 2008 Barney Frank said Fannie and Freddie were in good shape going forward.  Then they crashed and brought down the world wide financial system with the subprime mortgage mess.I wonder if Barney would say the same thing about REV.  "REV is solid going forward."  Nice smoke job guys.   Diverting the discussion off of REV since the ...more  
Comment by curtisprod on Oct 22, 2010 1:36pm
Come on Red...Be honest...The SP is rising.  There are projects in the fire.Insider buying....No dumping......Your buddy Wolfbutt has submerged.And still you pick on RW.  It has to be very personal.,,,Give it a rest...  Next week, some news,,,goooooood news I hope.Put a sock in it for a few more days.  (clean sock that is)Let's be Frank, Barney loved Freddies Fannie and ...more  
Comment by myNEXTmillion on Oct 22, 2010 3:33pm
Curtis, you need to be corrected.  Most of current debt was incurred by the previous Bush government.  Obama came in with a huge structural deficit with real estate, banking, and Wall Street in dire straights.  TARP was necessary to keep the banks alive. Look what happened when Lehman Brothers was allowed to go.  Fanny and Freddy were bailed out, likely because the US real ...more  
Comment by dogone on Oct 22, 2010 5:15pm
" If you will recall, all of this started in late September 2008. In October, the market began their free fall."that is the date when the avalanche reached the bottom of the hill...sorry Next but it started way before that. Sub-prime lending started at the beginning of Clinton's admin, when they felt it important that every one could and should own a home. the bottom fell ...more  
Comment by curtisprod on Oct 22, 2010 5:19pm
Barack Hussein Obama: I Told You So - Yes I Did By Howard Galganov Montreal, Quebec , Canada When Obama ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities