Thursday, Oct 16, 2008
But The Bail-Out Was Never About The little People
Wall Street Journal: FDIC Chief Raps Rescue for Helping Banks Over Homeowners
"Federal Deposit Insurance Corp. Chairman Sheila Bair on Wednesday criticized the federal government for failing to take more aggressive steps to prevent Americans from losing their homes, highlighting a rift between her and other senior U.S. officials over terms of the $700 billion rescue package."
The same this side of the pond. The banks f*** up, save em. The little people foul up, f*** 'em. Result - more quick forced sales, more the HPC gathers pace.
Posted by renting2 @ 04:07 PM (167 views) Add Comment
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