der lebt... werd mal öfters vorbeischauen. Habe in sechs Wochen 2mal! 100% gemacht, liege jetzt allerdings noch 20% hinten, aber das wird, denn wie gesagt, noch nie war es für die Banken einfacher writedowns zu mildern. Vielleicht wird sich auch Doug Kass ne blutige Bärennase holen, auch wenn er Recht hat, ich würds ihm gönnen... NEW YORK, Aug 27 (Reuters) - Hedge-fund manager Doug Kass said on Wednesday that he is maintaining his short position on the seriously depressed shares of Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz), saying the housing finance companies still face deteriorating fundamental conditions. The founder and president of Seabreeze Partners Management shrugged off the recent rally in Fannie and Freddie, asserting that the companies continue to face rising cost of funding in the latter half of the year as well as falling home prices. "These two companies face not only a margin squeeze because their cost of funds is rising against Treasuries, but a deterioration in their primary earning asset -- which is the left side of their balance sheet, and that is the value of homes," Kass tells Reuters in an interview on Wednesday. A short position allows an investor to profit if a the price of a share falls. (Reporting by Jennifer Ablan; Editing by Tom Hals). ----------- You only learn who has been swimming naked when the tide goes out - W.Buffett
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