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On sunday? They announce the Freddie Mac bailout on Sunday??

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:52 PM
Original message
On sunday? They announce the Freddie Mac bailout on Sunday??
Opening weekend of the NFL???

I know it will be discussed here and elsewhere but this is nothing but a data dump.
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:53 PM
Response to Original message
1. the rumors were swirling Friday
just nobody was paying attention
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:54 PM
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2. Someone said it was for the Asia markets.
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itsrobert Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:56 PM
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3. They do it so the big money market funds can
buy or sell making huge profits before the little investors gets a chance to.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:58 PM
Response to Original message
4. I would guess most Americans think Freddie and Fannie are candy companies
I betcha.

I can just hear them tomorrow. Wasn't that terrible about Fannie May going out of business? Where will we get our butter creams at now?

Don
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:59 PM
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5. No one has asked the question, "so, what does this mean for the United Stazi"
What does this mean for the 'common man', what does this mean for China? What does this mean for the "house-holder"?

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 10:05 PM
Response to Reply #5
7. Palin has released a White Paper on it
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 09:59 PM
Original message
You think the rest of the world gives a shit about the NFL?
:shrug:
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WA98070 Donating Member (782 posts) Send PM | Profile | Ignore Sun Sep-07-08 09:59 PM
Response to Original message
6. The intent is to minimize market reaction.This kind of thing worked before online,off-hours trading.
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