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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (81652)	7/16/2008 11:11:02 PM
From: Joe Btfsplk	Read Replies (2) of 116555

Enron, Fannie Mae and Freddie Mac; the Big Three By Julia A. Seymour Business & Media Institute 7/16/2008 5:25:43 PM 19 Times Bigger than Enron, and the Networks Didn't See It Coming Cooking the books but protected by powerful politicians, the Fannie Mae and Freddie Mac financial crisis was seen a mile away by print media, but mostly overlooked by networks. Another billion-dollar taxpayer bailout is on the horizon with the trouble at Fannie Mae and Freddie Mac, but you won't find much criticism of the mortgage giants on the networks despite repeated warnings about the lenders' high-risk behavior...... Continued at Message 24765106

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