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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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To: StockDung who wrote (4871)11/16/2007 11:20:49 AM
From: ravenseye   of 5673
 
Let's Move Wall Street
By William Tucker
Published 11/16/2007 12:08:47 AM
NYACK, N.Y. -- I've got a suggestion for the health of America. Let's move Wall Street out of New York. Or at least let's get it outside the jurisdiction of the New York Attorney General.

Last week's 360-point drop in the Dow was fueled by the announcement of NYAG Andrew Cuomo that he is subpoenaing Fannie Mae and Freddie Mac for information on all mortgages they had bought from Washington Mutual as part of a general investigation into mortgage loans. Fannie Mae stocks fell 10 percent, Freddie Mac 8.6 percent, and Washington Mutual a whopping 17 percent, turning what was already a bad day into the worst drop in over a year. Cuomo has decided that the reason for the mortgage meltdown is -- you guessed it -- big-time fraud....
spectator.org
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