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Old 01-12-2009, 07:25 PM
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Mike Kennedy Mike Kennedy is online now
 
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Default GSE Meltdown Chronology Who Knew & When

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Old 01-13-2009, 09:07 AM
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Chris Harrison Chris Harrison is offline
 
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Originally Posted by Mike Kennedy View Post
Bull...... !
Half the story produced for political gain prior to the election.

If you really want to know what happened, check out default credit swaps (AIG) and how they were deregulated. Or the non deposit banking of Wall Street.

Fannie & Freddie had there issues but are comparatively minor when looking at the complete financial melt down caused by greed and the fox looking after the hen house.

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