Comments on: About Freddie Mac

By: getrealistic

getrealistic — Fri, 24 Apr 2009 01:48:09 +0000

Not that I wish anyone evil, truly.

But before you invest too much emotion in this tragic situation, read between the lines.

The “newbie” CFO was actually a 26-year employee of this agency.
Hardly mentioned in the coverage was that before becoming the acting CFO, he was, among other things, the Comptroller.
Yes, the guy who is supposed to keep track of the money and make sure that the accounting is straight. Probably why the SEC wanted to have a little talk with him, now permanently postponed. Makes you wonder why his fired CEO decided to promote him to be in charge of all financial dealings on the CEO’s own way out the door, or for that matter why the CEO was the only one booted out. Seems like the entire crew of financial geniuses should have been ALL kicked out the door when the place melted down.

By: JLenardDetroit

JLenardDetroit — Thu, 23 Apr 2009 10:03:55 +0000

2 words, Vince Foster, mention would have sufficed….

Not sure the persons intent, but apology is definitely in order!

By: bk

bk — Thu, 23 Apr 2009 09:37:20 +0000

It sounds like another case where we have packages of mortgages getting rolled over and people buying them at a price that doesn’t match the risk. Isn’t that how the toxic asset mess started?

By: Martin Knight

Martin Knight — Thu, 23 Apr 2009 09:04:46 +0000

In fact, I’m not sure you’re going to survive this slip-up …

By: clintonformccain

clintonformccain — Wed, 22 Apr 2009 20:56:46 +0000

I hear that Michele Obama had the dude killed.

By: Old_Crow

Old_Crow — Wed, 22 Apr 2009 17:26:51 +0000

By: techsan

techsan — Wed, 22 Apr 2009 17:06:28 +0000

As more of an average guy who is just getting involved in politics, I try to arm myself with both facts and sound philosophy as I talk with those around me. Your entries are written well for me, an economic neophyte, to understand. They are quite appreciated on my part. Thank you.

By: Francis Cianfrocca

Francis Cianfrocca — Wed, 22 Apr 2009 16:43:35 +0000

With apologies to streetwise, my idea of true success isn’t flying private. It’s not flying at all.

When you get important enough, other people fly in to see you, not the other way around.

By: MrMosis

MrMosis — Wed, 22 Apr 2009 16:29:03 +0000

Your contributions are greatly appreciated. I keep an eye out in the three or so places I know to watch for your content. Always happy to spot something new. Long contributes Blackhedd.

By: gotteeth

gotteeth — Wed, 22 Apr 2009 15:55:10 +0000

Can I get a ride in your private jet?

I’ll bring the beer!

Seriously, good to have you posting again. I always look for your input here on Redstate.

Cheers!

By: Rod_Patrick

Rod_Patrick — Wed, 22 Apr 2009 14:57:58 +0000

Not.

But I’ve been really wanting to hear your opinion on the declaration of IBD and Ayn Rand Institute at the PJTV that the Banking Crisis is “almost” over.

As for the diary, I truly agree with you. In my humble opinion, the supposedly “forward looking” financial market of today IS HIGHLY DISTORTED and can no longer be fully trusted.

On the matter of the Freddie Mac CFO’s apparent suicide, I’m thinking of more skeletons in the closet.