Saturday, July 12, 2008

First Bank Nationalization (Globalization)

Charles Schumer instrumental in turning the bank over to global governance regulators

IndyMac assets seized by government for default

Paulson assures public the same is not about to happen to Freddie Mac and Fannie Mae

... but of course, he's just saying the opposite of what is true, the way those human types do.

1 comment:

Alex Supertramp said...

I just read this article in the NY Times

Mainstream analysts warning that many more banks are going to fail. Front page of the Australian today says it's all beer and skittles now the they have bailed out the two mortgage lenders. Maybe Rupert Murdoch bought the Wall Street Journal and half the press of the Western world so he could talk up the market before his portfolio evaporate.