. . . but not the Hippopotamus
Over the weekend it was announced that Uncle Sam – the Treasury Department – was seizing mortgage giants Freddie Mac and Fannie Mae. This is the latest effort of the government to speed up the recovery of the housing and credit markets, and the decision has been met with mixed reactions. The move is considered [...]
Speculation, Rumors of War and Intrinsic Value
If you pay attention to the financial news these days, you can’t help but hear about the “nasty” speculators in the oil markets and how many politicians in Washington, DC are blaming them for the high oil prices which are contributing to the declines in the stock markets. Both sides of the political spectrum are [...]
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