Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: koan who wrote (546042)	1/25/2010 10:06:04 PM
From: Brumar89	of 1575352

40 to 1 leverage is actually less than what Clintonite and Obama advisor Franklin Raines, the head of Fannie Mae, told Congress wa acceptable in 2004: "When Mr RAINES himself was challenged by the Republican Christopher Shays, to the effect that his ratio of capital to assets (that is, mortgages) of 3 per cent was dangerously low, the Fannie Mae boss retorted that “our assets are so riskless, we could have a capital ratio of under 2 per cent”. dinocrat.com Message 25138447 Glass Steagall repeal had to do with doing away with the separation of investment and commercial banking. Why did we give 182 billion to AIG no questins asked? Why don't you ask for Senator Obama that?

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