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Politics : THE WHITE HOUSE
SPY 690.270.0%Dec 26 4:00 PM EST

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To: longnshort who wrote (22494)9/16/2008 4:50:06 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (1) of 25737
 
(And the bipartisan majority of 'deregulators' that for years now allowed Fannie and Freddie to get away with 50 to 1 leverage and an 'implicit' government guarantee. <GGG>)

Nothing worse then "Private Profits and PUBLIC Losses"....

Otherwise known as the corporate mantra of When we win... the profits are all ours, but when the lose... the losses are all the public's problem.
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