Freddie Mac's negative net worth raises questions

[Monk06]

The question should be how can a company with an
asset value of MINUS $5.6 Billion still be trading?

And they have the nerve to claim that the SSE and
the RTS are speculative and over valued.

This just goes to show that AMEX and the NYSE are
not much better than bull boards.

US equities are going down big time. Only US creditors,
who are afraid of losing their shirts from supporting
the ponzi scheme of a finance/consumer based economy,
can save the day.

I hope they have sufficient assets and leverage to effect
US economic policy. Otherwise we are all going down.

[Monk06]

1. delete