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To: Liz

Yes’m.

Mah pleasure! :)


44 posted on 03/25/2009 7:42:29 PM PDT by MeekOneGOP (2008: The year the Media died. --Sean Hannity, regarding Barack HUSSEIN ObaMao's treatment ...)
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To: MeekOneGOP; Liz; rockinqsranch
Thanks for the comments and adding material to the thread....am watching for more info but things are quiet at the moment....

Tried watching the Baarney Frank/ Geithner hearings this morning...CNBC had more coverage than others but lots of cut aways...

Sounds like FDIC would be the preferred BIG regulator...

U.S. FDIC would run seized non-bank firms-Treasury

***********************EXCERPT**********************

Under the proposal, the Treasury would build on the FDIC's existing authority to seize banks and thrifts, but a decision to seize control of a non-bank institution would require involvement of the Treasury Secretary, the Federal Reserve and be done in consultation with the U.S. president.

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Don't know where FHA would fit in here....

47 posted on 03/26/2009 9:11:13 AM PDT by Ernest_at_the_Beach (What happened to my IRAs)
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