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Strategies & Market Trends : The Residential Real Estate Crash Index
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From: Kayaker6/24/2010 9:52:48 AM
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Heh Heh Heh... Fannie/Freddie In FINREG?
June 24, 2010
Karl Denninger

Now I'm getting impressed.

The FINREG folks are screaming about the possibility that Fannie and Freddie are being included in "resolution authority."

This would effectively tax the entire financial system to cover the Fannie and Freddie mess.

In my opinion, this is a GREAT thing, and the lobbyists who are screaming this morning can go do this:

7ax.de
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