forwoodenboats

Countrywide's FHLB Bailout

Well, I don't know the FHFB from Fun Bags, and I sure didn't learn anything from Roubini's article other than he's a testy little socialist trying to pretend he's not.
His whole article is vitriolic mumbo jumbo, and I don't need to (and can't, don't have WSJ account) read Schumer's to know he's on the "nationalize every thing we can find an excuse for" bus that's been driving congress.
I'd like to see Felix follow up on this, and get some more informative, factual comments such as chungst and Steve posted.