U.S. Weighs Takeover of Two Mortgage Giants »
Posted By Neophile 3 months ago in Business & FinanceAlarmed by the growing financial stress at the nation's two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday.
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Amazing13 months ago
I just heard on CNN that INDYMAC has gone belly up. Nothing would surprise me now.
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ouijmeister3 months ago
This could be the start of the currency collapse. I read somewhere that when the banks start to fold it will be like dominoes tumbling, one after the other. That would prob be enough to set the stage for Bush to declare martial law and stop the elections.
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