Monday, October 26, 2009

MORE OF "THE BIG DAY"

Read http://www.msnbc.msn.com/id/33477077/ns/business-the_new_york_times/ and notice that the fedgov has plans in the works for taking over the Too Big To Fail institutions on Wall Street. Probably so that they can escape the hangman's noose.

1 comment:

Pete Smith said...

Just like playing the game of chess you move your pawns in place then you make your money move. The Government is setting up their play. “The measure would make it easier for the government to seize control of troubled financial institutions, throw out management, wipe out the shareholders and change the terms of existing loans held by the institution.” I fear for this country because so many are not ready and when it hits it will be a very bad day for them.