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The fannie and freddie takeover........
- Thread starter redsamurai
- Start date
txbondsman
New member
damn interesting thread....
redsamurai
Banned
so where's your outrage over Bush's socialist agenda??
Somehow I think there would be revolution from the right if Obama had done this........lol
Creepusmaximus
New member
There really was no choice in taking over f+F. It had to be done.
There is worse to come, most people really don't understand how credit markets work and there are serious problems out there. Talking trillions in bad debt.
There is worse to come, most people really don't understand how credit markets work and there are serious problems out there. Talking trillions in bad debt.
It wont. FDIC will cut you a check for anything $100,000 or below.
Indeed. Did you know that the CDS market is more than half the size of the entire global banking system?
so if wamu goes under, i won't be able to access my money till i get a check in the mail?
is that how it works? i could be unable to access my money for a while?
99% of the time another bank takes them over immediately. Youll notice FDIC shuts down the bank Friday after closing time, and the bank simply reopens Monday morning under a new name.
so you think my wamu debit will still work or will i have to wait for a new card from the new bank
