Don’t bet on a revival of Fannie Mae and Freddie Mac.

By Daniel at 7 August, 2009, 11:27 pm

“No Second Act for Fannie and Freddie” By Peter Eavis - WSJ
Shares of the government-sponsored mortgage giants soared in the past two days, sparking renewed interest in their futures. Since penny stocks like these often move wildly, the rally could mean little. After all, both companies are showing huge losses and have, between them, required [...]

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A Citi Thesis

By Daniel at 30 May, 2009, 10:14 pm

I want to propose some discussion points on Citibank.
1. C currently has a massive amount of short interest (more than 1.4 billion shares). With a total number of shares outstanding of only 5 billion, this means that 30% of the total share base is currently sold short. On a relative basis, this is absolutely [...]

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Does NOBODY in the white house surf blogs?

By Daniel at 8 April, 2009, 7:31 pm

If they did, maybe they would take off my son’s glasses and give them back! also, they would actually VISIBLY SEE that the “working class” is NOT happy with them. do they think they are invincible? has everyone become so afraid of jail time and job loss that nobody has the cojones to stand up [...]

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