Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $24,546
30%  
Woo hoo!! And we're now over 30%!! Thank you all very much!! God bless.

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  • Economic Shock Therapy For Wall Street As Mortgage Lenders Could Start Falling Like Dominos

    10/03/2010 7:10:15 PM PDT · by blam · 64 replies
    The Market Oracle ^ | 10-3-2010 | Ellen Brown
    Economic Shock Therapy For Wall Street As Mortgage Lenders Could Start Falling Like Dominos Housing-Market / Credit Crisis 2010 Oct 03, 2010 - 05:09 AM By: Ellen Brown “Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them to work out deals that are to the benefit of everybody.”--Economist Karl E. Case, quoted in the New York Times The hits are coming fast and furiously. Major Wall Street mortgage lenders could soon be falling like dominos – and looking again for handouts.On September 20th, Ally Financial Inc., which owns GMAC Mortgage,...