Rumor Mongering

March 5th, 2008 5:11 pm | by John Jansen |

I do not believe That I have posted many rumors on this site since i began on January 2. I heard one earlier today and hesitated to post it. But i have since heard the same story from a second source and now feel liberated and will post it. (When I first started in a trading room a the fellow who mentored me and with whom I am still very close remarked that a rumor is a good rumor and OK to spread as long as you didnt make the rumor up yourself.)

The story has it that FNMA and its auditor will part company over write downs and that FNMA will shortly take the mother of all write downs.

That is all.


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  1. One Response to “Rumor Mongering”

  2. By joe on Mar 5, 2008 | Reply

    hearing the same thing…

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