Listened to Today today.

Current Events » in reply to The homeowner is in the same position - the wealthy are bailed out.

Eri — 9/9/2008 3:29:18 AM (archived)

Jim Cramer, from Mad Money, said this is the best move that could have been made and should have been done long ago. He's been pretty well on target about everything so far.

The Treasury Secretary said this morning that the takeover was structured so that the corporate lenders took most of the losses and that the little guys would be repaid first.

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What they don't tell us about the Fannie, Freddie takeover. - Bowser - 9/7/2008 6:24:56 PM
- Worldcom, Enron. And now Freddie and Fannie. Corporation capitalism is abandoned. - Bowser - 9/8/2008 5:12:26 AM
- Exactly who is bailed out by the Freddie and Fannie takeover. - Bowser - 9/7/2008 9:35:45 PM
  - Pisses me off, too, but... - Eri - 9/7/2008 11:54:01 PM
    - The homeowner is in the same position - the wealthy are bailed out. - Bowser - 9/8/2008 1:37:29 AM
      - Listened to Today today. - Eri - 9/9/2008 3:29:18 AM

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