Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: nyconse
If you are scientifically "trained", then you'd do some friggin' research, find out Freddie and Fannie are GOVERNMENT run corporations set up in 1968. That the SEC sets the laws banks loan under. FDIC underwrites the bad loans on promise of taxpayer funded bailout.

You've got no clue. Put that highly trained brain of your to work and stop showing how ignorant you are.

165 posted on 02/12/2009 9:52:21 AM PST by Dead Corpse (Utinam coniurati te in foro interficiant)
[ Post Reply | Private Reply | To 162 | View Replies ]


To: Dead Corpse

Did you read any of the links I posted? guess not. I know what Fannie and Freddie are...however, they revealed the problem...didn’t cause the problem. Do you know what a credit default swap is? Read the articles.


166 posted on 02/12/2009 10:01:25 AM PST by nyconse
[ Post Reply | Private Reply | To 165 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson