Business News

US government to seize Fannie Mae, Freddie Mac (1st Lead)

Sep 6, 2008, 2:46 GMT

On the Web



Your Talkback on this Story

Similar articles

Bank of America returns to profit in 2011 on streamlining efforts
Citigroup profits fall by 11 per cent in Q4 year-on-year
JPMorgan Chase fourth-quarter profits drop 23 per cent
Citigroup to cut 4,500 jobs
Citigroup posts 3.8 billion Q3 gain

Latest Headlines in Business

Older Talkback

page: 1 

Now that is socialism...Sep 6th, 2008 - 03:20:52

as practiced by the capitalists. Screw the people, rescue the craperations.

Report this comment

SallySep 6th, 2008 - 04:45:48



Rage

White collar crime: FEDS to Wall-Street.

Sally Mae and other Wall-Street Friends can 'cleanly' walk away from billions in debt while keeping their ill gotten gains, newly-pressed Itallian suits, big houses, cars and secondary houses and pensions.

But students that are being 'slaved-down' into the gutter and streets cannot get rid of a noose of a meagre few thousand dollars. These students cannot afford to procreate, cannot afford to eat decently and are threatened, intimidated daily and have a life that borders on the suicidal.I said: people in Stdent loan debt cannot procreate, have families and so on. We can't walk away from this stuff.

This is not a joke.

There is something explicitly evil about this affair.

This anwers the question: Why Palin? THat is to say who wants to stick around on a sinking ship. Why not put a newbie at the helm and let the newbie take the heat. Wev'e seen it enough time sin the movie, and in real life reflect on the female CEO's rise in HP.

Fiscal responsibility is hammered into those that borrow from Fannie Mae. But it seems different rules and regulations apply if you borrow sufficient quantities of money.

Let Sally Mae sink. Let the Judges say 'elemination of bad debts: not possible'. And then let the Chinese which have lost incredible amounts, be those that harrass the executives. Now that seems fair to me.

The big picture: the Americans are not in it.
The small picture: If we review unemployment rates, and jobs lost, then Americans aren't in that one either.

Don't you see?













Report this comment

page: 1 

Like M&C on Facebook

Custom Search
Viral Web