PONZI FAIL | S&P Cuts Freddie Mac, Fannie Mae from AAA to AA+ After U.S. Downgrade

 

S&P cuts Freddie Mac, Fannie Mae after U.S. downgrade

(Reuters) – Standard & Poor’s cut Freddie Mac (FMCC.OB) and Fannie Mae’s (FNMA.OB) long-term ratings one notch on Monday.

S&P said the downgrades from the top-notch Triple-A were due to its lowering of the U.S. sovereign credit rating late on Friday.

“The downgrades of Fannie Mae and Freddie Mac reflect their direct reliance on the U.S. government,” the rating agency said.

~

4closureFraud.org

Comments
11 Responses to “PONZI FAIL | S&P Cuts Freddie Mac, Fannie Mae from AAA to AA+ After U.S. Downgrade”
  1. Ali says:

    Oh, I forfgot to tell you, since I’ve been doing my own investatgation, one of the tile insurer’s threatened ME with a restraining order!!! How’s that for a bunch of shit? I wish he would……….

  2. Ali says:

    Telll us how you really feel!!!! Once again you have brightened my day with your great response’s to all these lying “mo foes”. I also think since congress is exemt from insider trading theit portfolios are chok full of our mortgages. It really had to have cooperation on so many levels it makes me literally sic to think they just may get away with it. Since Holder used to work for Covington and represented many of these tbtf’s, but I think its coming to a head becuase of the education of the masses and a few State AG’s and County Recorders, we need more. What a shame what we do have is not enough to prove that our goverment is run by these preditor’s.

  3. The banks have high-powered legal talent and lobbyists on their side, and four of the top five mortgage services have given generously to state and federal political campaigns, according to an i-Watch News analysis of election data provided by the subscription-only C.Q. Moneyline. AUGUST 2011.
    SINCE 2009
    • Bank of America has donated at least $3.2 million.
    • JP Morgan Chase has donated over $ 2.8 million.
    • Wells Fargo gave over $1 million .
    • Citigroup has given $850,000.

  4. housemanrob says:

    FINISH THEM OFF……..DOWNGRADE THEM TO JUNK !

  5. Me and Me too says:

    Eastern Savings Bank says they receive no funding from any Federal Agency. Yet at the bottom of my mortgage paperes it says Fannie Mae –as a result of their claim they also say they do not have to negotiate with any of their borrowers. We want to hear from anyone who has Eastern Savings Bank or who has had them and were foreclosed on.

  6. lvent says:

    AND PLEASE, LET”S NOT FORGET CONGRESS AND ALL OF THE OTHER TREASONIST POLITICIANS WHO MADE ALL OF THIS POSSIBLE………………………

    • lvent says:

      AMERICA IS NOT BROKE OR SWIMMING IN DEBT……….THAT IS ALL A BIG LIE TO FORCE MAINSTREET TO PAY FOR ALL OF THE NEW WORLD ORDER FRAUD…..THE ENTIRE CRISIS IS MANUFACTURED FROM HELL….AND…..WHERE THE F–K IS ALL OF OUR GOLD?????????

  7. lies is all they tell says:

    they are going Down!!!!!!!!!!!!!!!!!!!!!!!! with the rest of us hmmmmmm

    • lvent says:

      THAT’S WHAT THEY WANT US TO THINK,,,,,,,,,,,,,,,,,,,

      • lvent says:

        LIES, IF THEY GO DOWN, THE WORLD WILL BE A BETTER PLACE……….THEY ARE TRYING TO SCARE US INTO PAYING THE UNSUSTAINABLE DEBT THEY HAVE CREATED BECA– USE OF THEIR PONZI SCHEME………F–K THEM, THEY ARE LIARS AND THIS WHOLE FINANCIAL CRISIS IS MANUFACTURED……………TIME FOR THE AMERICAN PEOPLE TO TELL THE UN/NEW WORLD ORDER TO EAT THE TOXIC SHIT THEY CREATED AND CHOKE TO DEATH AND DIE ON IT….WE THE PEOPLE ARE NOT PAYING FOR THEIR PONZI SCHEME….THEY ARE ALL DIRTY ROTTEN LYING MO FO’s.

      • lvent says:

        They are trying to scare us with financial terror threats…See the Max Keiser video:
        Keiser Report: Bank Of America Sucks and Blows (E 107)
        http://www.youtube.com/watch?=60ikYHVZass

Leave a Reply

Your email address will not be published. Required fields are marked *