Jeff Nolan's take on innovation, entrepreneurship, tech and stuff that interests me
This one had me laughing all day… until I read that the Feds loaned them $85b instead of just $75b.
Fannie and Freddie were quasi government/private entities, now of course they are fully government owned. AIG, fighting to survive at this very moment, is under assault partly because of losses related to Fannie/Freddie. It’s important to understand that it is precisely because of government using the financial markets as a tool for social agendas that [...]