The Mudcat Café TM
Thread #112664   Message #2388652
Posted By: Donuel
14-Jul-08 - 01:12 PM
Thread Name: BS: Nationalize Freddie&Fannie NOW
Subject: RE: BS: Nationalize Freddie&Fannie NOW
Wachovia Bank has spent 40 BILLION dollars in the last 3 years.

They are now worth 25 Billion.

What will happen to you?

You will get your money back under $250,000, or you will get 50 cents back on the dollar.

You will be told to blame a Democrat but bear in mind that the last bank failure crises had Bush hands all over it too.

Regulation politics isn't lookin so bad anymore is it?