Foreign investors dumping Fannie and Freddie debt
Fri Aug 29 2008 9:32 am
by Bob Morris.
But not to worry, our ever-delusional government says a takeover of Fannie Mae and Freddie Mac is “unlikely” even as they beg foreigners to stop selling.
In an equitable universe, the plunderers who ran those companies would be fired than stripped of the tens of millions they made while driving them into bankruptcy.
Posted in: Credit crisis.
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