Town Hall Meeting

05 Sep 2008

Bank Fails, Fannie Mae and Freddie Mac Reportedly Taken Over

Filed under: — Al @ 9:31 pm

Again, quietly, on a Friday after the stock market is closed and all the cable news networks are running repeats, another bank is shut down,0,7776187.story

Note that McCain’s son was on the board of this bank and was a member of their accounting committee until 1 month ago. And perhaps more significantly, it appears Fannie Mae and Freddie Mac are going to be taken over by we the people by Monday…all $5 trillion in loans they have outstanding.

Bank Failure

One Response to “Bank Fails, Fannie Mae and Freddie Mac Reportedly Taken Over”

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