July 18th, 2008
In a July 15 CNBC interview, Jim Rogers used which metaphor in discussing a Fannie Mae/Freddie Mac bailout?
Band-aids for cancer.
July 14th, 2008
In Jim Cramer’s blog post “A Bottom For Fannie and Freddie” what term does he use to describe Bush market policies?
Bush, who has been a “hands off, laissez-faire” president in terms of the financial markets, abruptly changed his tune on Fannie (FNM - Annual Report) and Freddie (FRE) in a news conference earlier in the day by sending a message of hope that these institutions must be preserved, but that they don’t need more capital.