Home › Forums › Financial Markets/Economics › Harvard Student Takes On Barney Frank Over Economy › patb wrote: Subprime, Fannie
[quote=patb] Subprime, Fannie freeddie have all been problems but what screwed these guys were the CDS they sold.[/quote]
They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb] barnie needed to push for these all to be bankrupted and placed in receivership[/quote]
I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
