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["Lisa K.V. Perry" <lisakvperry AT gmail.com>]

On Fri, Aug 1, 2008 at 11:39 AM, Lisa K.V. Perry <lisakvperry AT gmail.com>wrote:

>
> What did people think before banks failed in the Great Depression? What are
> we thinking now as major banks begin to fail (or get propped up by borrowing
> millions and billions)?
>

Perhaps it's also my former experience as a Mortgage Broker rearing its ugly
head, but when I heard the recent news of Fannie Mae and Freddie Mac needing
billions to be propped up, I had a queasy stomach that whole day. That was
bad financial news that I thought I'd never hear.

lkvp