Freddie

It’s a Gamble that Freddie Mac

by Jon Griffith Blah Blah Economy

On the 16th of September, Freddie Mac hit an all time low of 25.9 cents.  Wow…just imagine, you could have purchased 1000 shares for $259.00. Today, in afterhours trading, Freddie Mac is currently going for $2.04.  Your little $259.00 investment on the 16th would now be worth $2040.00. There’s really no point in looking back [...]

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Everyone Thinks it’s the Housing Mess

by Jon Griffith Blah Blah Economy

Article upon article today blame the housing mess for causing the financial hardships we’ve seen reported over the past week.  Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch…when does the finger pointing stop? The housing crisis is not the root of the troubles that we are facing today.  A combined effort between greedy lenders [...]

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