NeMont
Long Time Member
- Messages
- 12,632
How many of you agree the bail out of Fannie Mae and Freddie Mac by our government? I cannot find any Constitutional basis for this, the Fed is basically putting the taxpayers on the hook to keep these two afloat. They have collectively lost $45 BILLION in market value since the end of 2007.
What do you guys think? Is any company "too big to fail"? What happens if these companies fail anyway?
This country is headed for big time trouble if we do not let the market force corrections: Regardless if you are facing forclosure on your house or you are a finacier on Wall Street watching your company evaporate.
Nemont
What do you guys think? Is any company "too big to fail"? What happens if these companies fail anyway?
This country is headed for big time trouble if we do not let the market force corrections: Regardless if you are facing forclosure on your house or you are a finacier on Wall Street watching your company evaporate.
Nemont