Wednesday, February 08, 2012
1. Unbelievable: The big banks are becoming desperate to avoid foreclosures
 
2. Why all the government's bailouts, tricks, and manipulations are guaranteed to fail in the end
 
3. Home mortgage rates just hit an astonishing new low
 
1. PIMCO's Bill Gross just made an astonishing comment
 
2. Richard Russell: This could be 2012's "market moving" event
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. This morning's "fantastic" jobs report is hiding some shocking news
 
5. Military insider: The Pentagon is lying about Afghanistan
 
Another $200 billion bailout heading for these gov't agencies
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Monday, July 27, 2009
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From Newsmax:

It's shaping up as the biggest government bailout in history.

Fannie Mae and Freddie Mac, the government-sponsored mortgage finance firms, have already received a total of more than $85 billion as part of the Federal bailout program.

Fannie got $34.2 billion in taxpayer money; Freddie got $51.7 billion.

But it seems that's not enough, by half. Estimates now forecast the two giants will need about $200 billion total before they can stand on their own two financial feet again.

Read full article...

More bailout boondoggle:

Bank of America just stole $8 billion from investors

Backdoor deal allows GE to gorge itself at government trough

Today's entertainment: Geithner tells Washington Treasury doesn't need any more bailout cash

Topics: Mortgages | Bailout | Boondoggle
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