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February 2010



Fannie Mae still sucking taxpayers dry.

February 27, 2010 – Comments (2)

Fannie Mae requested another $15.3B from its unlimited supply of cash generously granted by the Treasury.  The unlimited lifeline total thus far now breaches the $75B mark, as it continues to rise.  Single home mortgage delinquencies rose to 5.38% to finish 2009, up from 2.42% at the end of 2008.  The head of FTN Financial capital markets, Jim Vogel, said that this "clean up" period would likely last several more years.  [more]



What is G?

February 26, 2010 – Comments (0) | RELATED TICKERS: PEP

It ain't Tiger...

I think the age of endorsment deals with the individual athlete is over...



IMF Chief Economist to Central Banks: Raise your Inflation Targets!

February 26, 2010 – Comments (1) | RELATED TICKERS: M , F

So I was reading through a Feb. edition of the Economist, when I stumbled on an article that I figured many of you would find (umm, appalling) interesting.  While his idea could never happen from a policy standpoint anyway, I thought I'd share the main points with you with a brief synopsis:  [more]



Alternative Energy at $0.08 per KWH?

February 24, 2010 – Comments (21)

Umm, yeah...that's cheaper than many current electrical rates.  [more]

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