dslcobra (November 30, 1999 at 12:00 am)

FREDDIE AND FANNIE used to double check references to ensure that what happened couldn't happen. Mortgages will ALWAYS have some percentage of default and foreclosure, but itu sed to be very small. For what has recently happened, we have no one to blame but the DE-REGULATING REPUBLICANS, and ALAN GREENSPAN'S FEDERAL RESERVE. Greenspan gave credit to any and everyone. Teeanagers walking around with $15,000 in credit cards. They drove up credit spending after 911 in fear we'd hoarde it.

smoothoiler (November 30, 1999 at 12:00 am)

IS IT 2012 YET ????

REOcanada3 (November 30, 1999 at 12:00 am)

The disbelief in this world today is causing us not to believe in anything, possibly not even in ourselves as we are told that 'some are too big too fail or prosecute' and that we have to pay (BAIL OUT) their obscene actions. We need a new concept in law for these thieves, and that is an 'Obscenity Law' that will demonstrate and prove these CEO's and Board Members have acted and created obscene high risk (thievery) situations (to create OBSCENE profits + bonuses) for which they are liable.

jgehb (November 30, 1999 at 12:00 am)

@jaguarclaw - and so was pre-Nazi Germany. In fact it was known as hyperinflation .. it resulted in a desperate situation that Hitler was able to take advantage of. Think it cannot happen again? Think again.

jaguarclaw (November 30, 1999 at 12:00 am)

@roger767 Suck on my monkeyballs roger.

jaguarclaw (November 30, 1999 at 12:00 am)

@roger767 And whats so bad about inflation? Wasnt the great depression a time of deflation?

roger767 (November 30, 1999 at 12:00 am)

@jaguarclaw You should know that the free market Ron Paul talkes about, the governments number 1 role is preventing and fighting fraud in the market.Gold standard gives the security than the government cant print money. And create inflation.

shevchenkoTV (November 30, 1999 at 12:00 am)

Moscow: Responsibility of the GLOBAL FINANCIAL CRISIS is Russian. Recognition on "shevchenkoTV".

LoggerMcKnocker (November 30, 1999 at 12:00 am)

Mmmmm, mmuhyes yes

wallstreet2001 (November 30, 1999 at 12:00 am)

Unrevealed 21st Century Well Organized Financial CrimePromod Haque, he is a brutal man, a ruthless man, a man who butchers all small investors life and saving’s money to secure his own power as “No. 1 Deal Make Rated in the world”“Yipes [Chapter 11 filings] are scandalous!” Promod Haque, Peter Morris and Keith Geeslin, they were very greedy, they controlled the company, well organized to push the Yipes company for bankruptcy, wiped off all small investors capital and for their own benefits.