Nagu ütlesin, on GE üllatavalt enesekindlalt rääkimas ja turule positiivset õlekõrt pakkumas. Hetkel GE juba pea 1.5% plussis.
Ja veel üks huvitav lõik FNM ja FRE teemadel otse Bloombergist.
Conservatorship would be triggered if the companies fell below a so-called critical capital level. That threshold is defined as half of minimum capital, which is 2.5 percent of assets plus 0.45 percent of balance sheet obligations, mainly guaranteed mortgage securities, Shapiro said.
Fannie Mae is $26 billion above that level and Freddie Mac is $24 billion above, Shapiro said. Adjusting for tax, that means Fannie Mae would need to lose $40 billion and Freddie Mac $37 billion ``immediately'' to fall below that limit, he said.
Arlington, Virginia-based Friedman Billings analyst Paul Miller estimates losses of about $45 billion and $30 billion before they would fail.
For Fannie Mae, house prices would need to decline 40 percent nationally and delinquency rates would need to rise as much as 10-fold to 12 percent on loans from 2006 and 2007 to reach those levels, Shapiro said.
`Very Unlikely'
``We believe this is very unlikely,'' Shapiro said.
Conservatorship would be triggered if the companies fell below a so-called critical capital level. That threshold is defined as half of minimum capital, which is 2.5 percent of assets plus 0.45 percent of balance sheet obligations, mainly guaranteed mortgage securities, Shapiro said.
Fannie Mae is $26 billion above that level and Freddie Mac is $24 billion above, Shapiro said. Adjusting for tax, that means Fannie Mae would need to lose $40 billion and Freddie Mac $37 billion ``immediately'' to fall below that limit, he said.
Arlington, Virginia-based Friedman Billings analyst Paul Miller estimates losses of about $45 billion and $30 billion before they would fail.
For Fannie Mae, house prices would need to decline 40 percent nationally and delinquency rates would need to rise as much as 10-fold to 12 percent on loans from 2006 and 2007 to reach those levels, Shapiro said.
`Very Unlikely'
``We believe this is very unlikely,'' Shapiro said.
Freddie Mac: White House says Paulson statement coming 'any minute' - Bloomberg
FRE ja FNM saavad järjest downgrade'sid:
Fannie Mae downgraded to Sell from Hold at S&P equity research, tgt cut to $4 from
Freddie Mac cut to Strong Sell from Sell at S&P; tgt cut to $2 from $6
Freddie Mac tgt cut to $9 at Piper Jaffray; no change in fundamentals, just sentiment
Samas:
Hearing Citi is out saying FNM and FRE sell-offs are overdone
Volatiilsus on päris metsikuks minemas ja seda näitab ka tõusev VIX, hetkel üle 27 punkti.
Kus on Paulsoni statement? Kas keegi saaks lingi anda?
Pakun,et turg lõpetab ca 3-4 % miinuses.Reedel tahavad ju kõik rahuliku südamega näd vah minna veetma.
Statement by Secretary Henry M. Paulson, Jr. on Fannie Mae and Freddie Mac
Washington, DC--Secretary Henry M. Paulson, Jr. made the following comment today on news stories about "contingency planning" at Treasury:
"Today our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission.
"We appreciate Congress' important efforts to complete legislation that will help promote confidence in these companies. We are maintaining a dialogue with regulators and with the companies. OFHEO will continue to work with the companies as they take the steps necessary to allow them to continue to perform their important public mission."
Washington, DC--Secretary Henry M. Paulson, Jr. made the following comment today on news stories about "contingency planning" at Treasury:
"Today our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission.
"We appreciate Congress' important efforts to complete legislation that will help promote confidence in these companies. We are maintaining a dialogue with regulators and with the companies. OFHEO will continue to work with the companies as they take the steps necessary to allow them to continue to perform their important public mission."
Fed's Bernanke told a GSE Chief that Fannie, Freddie would be eligible for discount window
Ja turg rallib selle teate peale.
Ja turg rallib selle teate peale.