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Originally Posted by Texpat I presume you were watching too, Spin, or read the transcript. |
I saw it live on the bloomberg channel, I really feel for Paulson and Benanke, they got the world on their shoulders now.
To make matters worse, Fannie and Freddie are both down over 40% premarket to 17 year record lows
Bloomberg.com: Worldwide
(this article quote different numbers but the live ones are worse
All that aside, theres no way the government can let these 2 fail so they may as well get Ben to go on TV and say as much.