Oh Crap, things are just getting worse
Banks and lenders are continuing to have rough times and things seem to be getting worse. Was it not last week that spokes people for Fannie and Freddie said that they were able to deal with their troubles and were adequately capitalized??? What the heck happened over the weekend? Someone finally got around to balancing the corporate checkbooks? (I know it is not that simple) “White House, Fed will rescue Fannie, Freddie Government-sponsored lenders are too global to go under,…