Gary Allan
Thread starter
- Joined
- Sep 28, 2002
- Messages
- 39,799
Yes, send Freddy and Fanny down a dead-end one way street and SURPRISE!!!!
As Crisis Grew, a Few Options Shrank to One
Quote:
Now a consensus was emerging that they had little choice. If Freddie’s and Fannie’s problems worsened, a crisis of confidence could spread through the worldwide financial system, deepening the difficulties in the housing market and further weakening the economy — in the midst of a hard-fought presidential campaign.
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As Crisis Grew, a Few Options Shrank to One
Quote:
Now a consensus was emerging that they had little choice. If Freddie’s and Fannie’s problems worsened, a crisis of confidence could spread through the worldwide financial system, deepening the difficulties in the housing market and further weakening the economy — in the midst of a hard-fought presidential campaign.
NT Times registration required to view full text