Warren Buffett On Fannie Mae and Freddie Mac Rescue (Video)
Mortgage Insider » Fannie Freddie » Warren Buffett On Fannie Mae and Freddie Mac Rescue (Video)
Today Warren Buffett wade in on the Fannie Mae and Freddie Mac rescue plan implemented by Hank Paulson’s Treasury Department in a CNBC interview. Buffet agrees with the plan saying, “The Secretary did exactly the right anything”.
Fannie Mae and Freddie Mac Rescue
Buffet says, “I wouldn’t change anything myself” about the governments bailout plan for Fannie Mae and Freddie Mac.
When questioned about the tax payer, he said, “The Treasury is on the hook for something, but this is the best solution.”
The interview last about 9 minutes and Buffet goes on to answer a number of good questions on the Fannie Mae and Freddi Mac rescue plan…so click play and here one of the smartest guys thoughts on the country’s largest bailout in history
My thought is even thought Buffet benefits from the GSE takeover, he still really believes everything he’s saying!
Good Luck!
Author: The Mortgage Insider
Date: September 8, 2008
Tags by Post Fannie Mae, Freddie Mac, GSE Rescue Plan, Warren Buffet
Technorati Fannie Mae, Freddie Mac, GSE Rescue Plan, Warren Buffet
All Posts In Category
David Kellermann - Freddie Mac CFO - Commits Suicide
Fannie Mae & Freddie Mac On The Brink of Collapse
Fannie Mae and Freddie Mac - The End Is Here!
Fannie Mae HomeStay the Answer to Recasting Rate Woes?
Fannie Mae Posts Larger Than Expected Loss
Fannie Mae Stock Holders Not The Only Ones To Suffer
Foreign Sovereign Funds Turn Their Backs On The GSEs
Franklin Raines Gives Mortgage Advice To Obama (Video)
Freddie Mac Tightens Mortgage Underwriting Standards
Housing Bill With GSE Bailout Goes To House Today
Jumbo Mortgage Risk Will Topple A Teetering Fannie Mae & Freddie Mac
Mortgage Relief Bill Signed Into Law Today
Obama Chief of Staff - Rahm Emanuel's Freddie Mac Fiasco
Poole Says Freddie and Fannie Insolvent
Senator Dodd Shamelessly Shills for Fannie Mae in Press Conference
Warren Buffett On Fannie Mae and Freddie Mac Rescue (Video)
Our Free Quote Service
Get 4 quotes (and only 4) from the nations best mortgage providers using our free, secure, quote service.
Unlike other online services, ours has a built-in "security measure" via an independent verification service that contacts you by phone to insure it was, in fact, you wanting the quotes. (So you must include a phone number for verification) Once confirmed, your request is passed on to the providers who will send you their offers by email (so you must include a valid email too!).
You then pick the best offer!
Reader Comments
How To Use Our Comment Section:
1. To comment on the article or post: Simply cursor down to the bottom and add your comment in the box, hit "Save". After moderation, your comment will appear next chronologically.
2. To comment on a comment (not on the post) or what is called a "nested" comment: Hit the "Reply" link at the bottom of the comment you'd like to reply to. A new comment box appears, you can add your comment to the box, hit save. After moderation, your comment will appear "nested" under the selected comment.
3. Do Not Use ALL CAPS. Use "Real" Names, No Keywords. Do Not Put Contact Info (ie. phone numbers, email addresses, etc.) In Comment Text.
