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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

Sources: Gov't takeover of Fannie, Freddie expected

Mortgage giants Fannie Mae (FNM) and Freddie Mac(FRE) are expected to be taken over by the government as soon as this weekend in a bold move designed to protect the mortgage market from the risk that the companies could fail, a person briefed on the matter said Friday night.

Comments

Be a real American

chillyphantom

We can all work together as fellow Americans to recover the losses here if you all drop your shorts, bend over and hold your breath. It will only hurt a bit -- official white horse souse

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