Fateful history of fannie mae, faithful not only for fannie mae but for everybody else too and there are copies of the book out in the reception area which we hope you will buy and which bob hagerty will autograph after the program. I am the president fellow at a e. I. And we are pleased to have you with us to consider this fateful history and its role in american politicized Housing Finance. After many years of dealing with and thinking about fannie mae i thought i knew a lot about this subject but i learned a lot more about it from reading bobs book, especially the very longterm evolution of politicized Mortgage Finance in this country and also about the vivid personalities involved over the last 40 years, all the way to the end of the story, at least it is the end so far. The book is full of information but in addition if you read my invitation to this event you know i think it represents an underlying tragic drama. In fact a shakespearean tragedy in fives. Rise, power, hubris, fall
That have been very good predictors of behavior. I know were talking about a lot of Different Things today, but has there been anything about their ability to an early speaking . Thank you. And let you ask that question. Obviously people focus in on the score because it is a single number and it is easier to tell where he ranked. These three digit numbers that are built on the information that are in the Credit Reports. One concern that one needs to have is whether the underlying information is accurate. When it is not accurate, it will be less productive than when the information is accurate. Generally speaking, is there any sense in your Office Different and generally speaking, there are pretty predictive, is that correct . There are some things that need to be rectified when it comes to the consumers ability to ensure that the Credit Ratings they have accurate and have access. I value of those things. Generally speaking, if somebodys Credit Rating is correct and the information is t
The power ball but i never play it, you usually do. Dagen put it in the calendar. Connell lets go to Nicole Petallides at Stock Exchange to get started on markets now. Nicole good morning. We are watching the markets as you noted ahead of the fed and we are up 66 points at the moment, 1 2 mixed bag of winners and losers. The s and p is higher just like the dow down 1 4 and the nasdaq pulling back, coming off of two story weeks of gains for the dow but traders think the momentum remains to the upside and continues to note the fact we stomachs some tough Economic News like jobless claims and others that havent been so great and the market still managed to rise higher so there is good news that could propel us to the upside. That being said we had a couple pieces of news from abroad including u. K. Unemployment rate, and expected the edged higher and we have a big merger deal today in the jewelry business. A lot of pieces of news on wall street today. Connell Congressional Budget Office o
Energy spike. Its not just the brutally cold winter sending the price of natural gas to fiveyear highs. Its the supply. What happened to that glut of gas and how high will prices climb . All that and more tonight on nightly Business Report for wednesday, february 19th. Good evening, everyone. Topping our news tonight, violent revolutionary protests erupting around the globe. Antigovernment dem on strarts have taken to the streets in ukraine, venezuela and thailand. Investors everywhere are closely watching those deadly clashes and hoping things will stabilize, especially as european officials meet tomorrow for an emergency session in brussels. Now, the biggest hot spot, kiev, ukraine. Theres no letup to the violence and the death toll in that citys Independence Square as protesters who want closer ties to europe and the u. S. But clash with others who want to be aligned with russianbacked government. In washington today, president obama warned kiev of consequences over the escalating v
Energy spike. Its not just the brutally cold winter sending the price of natural gas to fiveyear highs. Its the supply. What happened to that glut of gas and how high will prices climb . All that and more tonight on nightly Business Report for wednesday, february 19th. Good evening, everyone. Topping our news tonight, violent revolutionary protests erupting around the globe. Antigovernment dem on strarts have taken to the streets in ukraine, venezuela and thailand. Investors everywhere are closely watching those deadly clashes and hoping things will stabilize, especially as european officials meet tomorrow for an emergency session in brussels. Now, the biggest hot spot, kiev, ukraine. Theres no letup to the violence and the death toll in that citys Independence Square as protesters who want closer ties to europe and the u. S. But clash with others who want to be aligned with russianbacked government. In washington today, president obama warned kiev of consequences over the escalating v