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[Politics/Religion] Fannie Mae and Freddie Mac Bailout

 
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dystopia
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[Politics/Religion] Fannie Mae and Freddie Mac Bailout
« on: September 05, 2008, 10:58:19 PM »


U.S. to take control of Fannie and Freddie: reports
http://news.yahoo.com/s/n...nnie_freddie_reports_dc_2
Quote
WASHINGTON/NEW YORK (Reuters) - The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history.
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MFAWG
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Re: [Politics/Religion] Fannie Mae and Freddie Mac Bailout
« Reply #1 on: September 05, 2008, 11:01:53 PM »

Just saw that.

'Too Big To Fail' strikes again!
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
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