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Goldman, Morgan Stanley Convert; AIG CEO Forfeits $22M Severance
National News • September 22, 2008
Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that destroyed their rivals as Wall Street braced for a week of political wrangling over a ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: Something I don't understand... | Dustin | Sep 24, 2008, 6:55 am |
| RE: RE: Something I don't understand... | Anon | Sep 23, 2008, 4:25 pm |
| RE: Something I don't understand... | Dustin | Sep 23, 2008, 12:58 pm |
| Something I don't understand... | Anon | Sep 23, 2008, 8:00 am |
| Prepare to Puke | Dread | Sep 23, 2008, 7:57 am |
| Plenty of blame to go around... | Sanity... | Sep 22, 2008, 6:39 pm |
| RE: Does anyone else... | YOUSE GUYS | Sep 22, 2008, 12:25 pm |
| Does anyone else... | Matt | Sep 22, 2008, 8:24 am |
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Subject: RE: RE: Something I don't understand...
Obama's pure as the driven snow...
Except that he got more money in contributions from Fannie and Freddie in 4 years than any other (but one) Congress-person was able to in 8 years. When John McCain and George Bush suggested (several years ago) investigating both companies' practices and making changes to both Obama (and most of the Democrat-elite) put an end to it because most of their constituents would not be able to buy houses they couldn't afford which would later foreclose if there were changes to the irrisponsible way mortgages were being handed out.
McCain's no saint... but neither is Obama... but the hypocracy shown by Obama's camp with this situation is stunning. McCain (and Bush, and others) knew many years ago there was problems at Fannie and Freddie and tried to do something about it, instead they were stopped.
McCain might have some lobbyists around him, but take a look at leadership at Fannie and Freddie since day one, it looks like a family tree back to Congress (on both sides of the isle).