From: "Lisa K.V. Perry" <lisakvperry AT gmail.com>
To: homestead AT lists.ibiblio.org
Subject: Re: [Homestead] One year vision
Date: Fri, 1 Aug 2008 11:43:52 -0400
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.