Posts Tagged ‘fannie mae and freddie mac’
Is”$50 billion in low-cost loans from the government to develop fuel-efficient cars” a Good Idea?
"BIG 3 AUTOMAKERS Some worried the (Fannie and Freddie) bailout would set a precedent that could be exploited by other ailing companies such as Detroit's Big Three automakers, which want billion in low-cost loans from the government to develop fuel-efficient cars. "Here our government is stepping in to bail out privately held [...]
Is “ALL WELL” with the banking system? I think not? Your thoughts?
1. Paulson appears on Face The Nation and says "Our banking system is a safe and a sound one." If the banking system was safe and sound, everyone would know it (or at least think it). There would be no need to say it. 2. Paulson says the list of troubled banks "is a very manageable situation". The reality is there are 90 [...]
