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FYI: Taxpayer bailout of Countrywide
Old 11-27-2007, 02:08 PM   #1
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FYI: Taxpayer bailout of Countrywide

UPDATE 1-U.S. Sen. Schumer questions Countrywide borrowing | News | Economic News | Reuters

This really stinks! The Federal Home Loan Bank now holds 51 billion of Countrywide's rotten subprime worthless paper. How does this happen?

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Old 11-27-2007, 02:31 PM   #2
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Old 11-27-2007, 03:12 PM   #3
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Voodoo economics?
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Old 11-28-2007, 10:03 AM   #4
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Too late to do anything about it..........
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

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