Daily Archives: Mon, Jul 14, 2008

What’s Hiding Behind the Headlines

Everywhere I look, the headlines indicate bad times ahead. July 11: FDIC takes over IndyMac Bancorp as the California lender collapses under soaring losses July 13: US Treasury rescue of ‘basically insolvent’ Fannie Mae and Freddie Mac an ‘unmitigated disaster’ … Continue reading

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