GLOBAL
REAL ESTATE MARKETS FORUM
*
Realty Reality *
Guest
Editorial
Franklin's
Fine Feathered Flipping Fiasco
~ FANNY WATCH
~
by
Rob Kirby
September
30, 2004
Fannie is reportedly free falling faster today [see chart]. Fixing Franklin's faux pas feels fairly implausible since fleeting foreign funds fleeced fortuitously fast figured Fannie's fundamental flaws. Formulating a final fix for Franklin's false fetor of a fairytale favors a farsighted forward looking Fed - fat freaking chance! Fraudulent filings featured fictitious financial accounting. Filthy foolish fudge-packed figures fried Fannie. Friction from the fallout figures to fry Freddie too. Stay tuned.
Chart courtesy of: www.stockcharts.com
Faithfully for-ever,
Rob Kirby
© 2004 Rob Kirby
