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News Focus
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cash2go

09/18/08 10:20 PM

#598292 RE: WinLoseOrDraw #598287

The Fannie & Freddie debt bomb

"What else is going on that "requires" this sort of intervention?"

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Greybeard

09/18/08 10:53 PM

#598295 RE: WinLoseOrDraw #598287

What else is going on that "requires" this sort of intervention?

An election perhaps?
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brainlessone

09/18/08 11:30 PM

#598299 RE: WinLoseOrDraw #598287

soverign wealth funds of norway, saudi and UAE that have liquid assets of over 2.5 trillion dollars? Norway's fund specifically is charge with buying financial instruments

this is more liquid money than in the history of the world

they could short the market down to o with that leverage and even wipe out some banks come to think of it

and then buy it all back

its the hedge fund from Godzilla bought the USA cheap