Financial Sense Online   FSO Home  l   Realty Reality Home Page

 

GLOBAL REAL ESTATE MARKETS FORUM
 4Rs:  Realty Reality Recommended Reading
with Editorial Comment

REALTY REALITY FSO ARCHIVES
December 21, 2004

Fannie Mae Storm Swirls Around CEO
by Mark Felshenthal, Reuters
See: link

Fannie Mae May Pick Marron as Interim Chairman
by James Tyson, Bloomberg
See: link

Fannie Fans Must Be In Denial
by Gretchen Morgenson, NYTimes
See: link

EDITOR'S COMMENTS
by Ole Bear

When It Raines, It Pours or the Dean Martin "Roasts"

Enron's attorneys are all over the CNBC Bubble Vision channel this morning as they have billed out $780 Billion Bux. ...which makes me wonder how much Fannie Mae's attorneys are going to bill out representing this GSE as it implodes?

...which leads me to the Dean Martin "Roasts:"

Dino, dialing Fannie Mae Headquarters in Virginia..... ring.... ring..... ring...

"Hello, Fannie Mae Corporate, may I hep you?" greets the Silky Voice.

Dino: "Yeah, Sure, Silky Voice... this is Dino Martin... put me through to Franklin D, Please M'am."

"May I say what this call is regarding Mr. Martin... is it about a home loan with us?" says the Silky Voice.

Dino: "NOooooooooooooo.... I am scheduling my next series of Roasts for next year, and dang it, Don Rickles has the flu and can't make it in January... I need a replacement."

"Ok, sure thing, I will ring Mr. Raines right now for you." says the Silky Voice.

Beep.... Beep..... Beep.

"This is Franklin Raines, how can I help you?" quotes Mr. FDR.

Dino:  "Franklin, Baby, this is Dino Martin....How would you like to be on TV in one of my Roasts?"

FDR:  "That is an interesting prospect... when? and what time? and where?

Dino:  "January 5, 2005, Pal!" You will need a tuxedo, be we can get that cheap at the Tuxedo Junction."

FDR:  "Interesting, I have the date open.... What does it pay?"

Dino:  "Ehhh.... Pay?.... Hadn't thought of it, to be quite honest... our investment group figgered you would be paying us with all those perks, bennies, and money you been making. Pal, this is your opportunity to break into Hollywood as a Stand Up Comic!"

FDR:  "Seeing as how I might be out of job around here, I will be there."

Dino:  "Great... we've got a great panel of Roasters for you. It will be a blast!

FDR:  "Sounds like fun, talk to you later...."

Dino:   "Later, Dude."

Click.

Dino Dialing: OFHEO in DC.... ring.... ring.... ring....

Another Silky Voice: "OFHEO, DC.... How may I direct your call?"

Dino: "This is Dino Martin again.... Put me through to Armando, once more, pretty please..."

Another Silky Voice: "Sure thing Mr. Martin... you have a good day out there in California..."

Beep.... Beep..... Beep...

Armando Falcon: "Falcon, here, how can I help you?"

Dino: "Armando, Baby.... this is Dino again! We are on, Pal! Say, can you think of anyone else out there in DC we can Roast?......"

A long silence of about 30 seconds.....

Falcon:   "Dino, how about.... Mel Martinez?"

Dino:      "Hummm....$59 Billion isn't exactly chump change in relation to $9 Billion... We'll do it! Talk to you later, Baby. Bye!

Falcon: "Later, Dino!"

Click.

Ole Bear, Editor

© 2004 Realty Reality


Send this site to a friend! (click here)

Financial Sense Online   FSO Home  l   Realty Reality Home Page

Copyright ©  James J. Puplava  Financial Sense™ is a Registered Trademark
P. O.  Box 503147 San Diego, CA 92150-3147 USA  858.487.3939