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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
audit the wall street fat cats that caused the melt down!
Posted by:
Vince(!)
()
Date: October 01, 2009 04:38PM
audit the wall street fat cats that caused the melt down!
Im sure it wont do any good as all politicians are bought and sold by big business but come on!
Im sure it wont do any good as all politicians are bought and sold by big business but come on!
Re: audit the wall street fat cats that caused the melt down!
Posted by:
Vince(62)
()
Date: October 01, 2009 05:26PM
Wall Street Fat Cats are a convenient scape goat. Barney Frank, Maxine Waters, Chris Dodd are to blame for their support of questionable practices by Fannie Mae and Freddie Mac.
Also, Bernake's given a pass he doesn't deserve as well. Have you ever seen the graph of the steady interest rate increases for about a year in 2004 or so? That wrecked havoc on the adjustable rate loans and those who were strung out when the time came to refinance and the rates were too high.
Also, Bernake's given a pass he doesn't deserve as well. Have you ever seen the graph of the steady interest rate increases for about a year in 2004 or so? That wrecked havoc on the adjustable rate loans and those who were strung out when the time came to refinance and the rates were too high.