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	<title>Stock Blog Hub &#187; Banco Santander</title>
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		<title>(FNM) After the Madoff-Ponzi, The Lesson’s Clear</title>
		<link>http://www.stockbloghub.com/2008/12/26/fnm-after-the-madoff-ponzi-the-lesson%e2%80%99s-clear/1797</link>
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		<pubDate>Sat, 27 Dec 2008 00:06:43 +0000</pubDate>
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				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[Banco Santander]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[S.A.]]></category>
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		<description><![CDATA[After the Madoff-Ponzi, The Lesson’s Clear Everyone’s scrambling… House subcommittee chairman Paul Kanjo wants to launch a government investigation. Outgoing SEC Chairman Chris Cox is “gravely concerned by the apparent multiple failures” of the SEC. He too, wants to get to the bottom of this. And of course, House Financial Services Committee chairman Barney Frank, whose regulatory urgings did a masterful job ensuring Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) didn’t fail, wants to introduce even more legislation. He’s trying to require hedge funds and investment managers open up their books. But it’s useless. Everyone’s trying to find a complex solution to “what went wrong?” and how some of the biggest investors lost so much &#8211; when a simple answer suffices. Investors simply violated two of Investment U’s ]]></description>
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