[Homestead] Fannie/Freddie bailout question --link
don.bowen at earthlink.net
Sun Sep 7 21:35:01 EDT 2008
Here is a reasonable analysis of today's events. Still a lot of unknowns
such as how much will this cost the taxpayer. And bank failures will rise
above the current pace of 11 so far this year.
"This will have a significant impact on some banks, as the FDIC noted
earlier today. Many banks will have to take write-downs (as they mark to
market), and some smaller banks will probably fail."
Don Bowen KI6DIU
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