FreddieMac - How Fast Blip Money Disappears

This page is to demonstrate just how fast blip money can disappear. Blip money is figures posted on your computer screen. Your brain registers it, but your hands can't touch it. It can fall off the screen faster than sand through your fingers, as shown here by what happened Thanksgiving week.

Can you just imagine what it must feel like to sit at your computer screen and watch your investment of other people's money lose almost $3 billion dollars??? [$2,965,324,611] That's what happened below to the biggest investor in Freddie Mac. I'm sure that's just a drop in the bucket to them, and that's probably why they get the big bucks.

Still, it's not a pretty picture.

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Symbol Name Of Corporation FRE Major Holders Freddie Mac (As of 30-Sep-2007 $59.01/share) (As of 30-Jun $60.70/share) (As of 21-Nov $26.00/share) Top 10 Institutional Holders Shares 2007 Value Value(21-Nov) Capital Research And Management Company (30-Sep) 89,831,100 13.06% $5,300,933,211 $2,335,608,600 Capital Research And Management Company (30-Jun) 84,247,000 12.25% $5,113,792,900 55.94% loss AXA (Paris, France) 46,798,767 6.80% $2,761,595,240 $1,216,767,942 AXA (Paris, France) 45,538,542 6.62% $2,764,189,499 Morgan Stanley 39,908,858 5.80% $2,355,021,710 $1,037,630,308 Morgan Stanley 44,397,395 6.45% $2,694,921,876 Barclays Global Investors UK Holdings Ltd 27,599,021 4.01% $1,628,618,229 $717,574,546 Barclays Global Investors UK Holdings Ltd 27,278,162 3.96% $1,655,784,433 Goldman Sachs Group Inc 22,102,825 3.21% $1,304,287,703 $574,673,450 Goldman Sachs Group Inc 17,201,899 2.50% $1,044,155,269 Pzena Investment Management, LLC 20,456,022 2.97% $1,207,109,858 $531,856,572 Pzena Investment Management, LLC 21,216,597 3.08% $1,287,847,437 State Street Corporation 19,627,419 2.85% $1,158,213,995 $510,312,894 State Street Corporation 18,766,498 2.73% $1,139,126,428 Vanguard Group, Inc. (The) 18,887,349 2.75% $1,114,542,464 $491,071,074 Vanguard Group, Inc. (The) 19,043,270 2.77% $1,155,926,489 FMR Corporation (Fidelity Management & Research Corp) 14,139,722 2.06% $834,384,995 $367,632,772 FMR Corporation (Fidelity Management & Research Corp) 13,486,482 1.96% $818,629,457

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© 2007 by Edward Ulysses Cate
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