August 10, 2009
Both Fannie Mae and Freddie Mac saw huge increases in their stock prices today, after it was disclosed that both entities intend to restructure their financial situation by basically ignoring their debts. This "approach" is nothing new to either institution, now if average Americans can just figure out how they get away with it, we can all take a "mulligan" and start over!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.