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Treasury near plan for Fannie and Freddie - report

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posted on Sep, 6 2008 @ 07:02 AM
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Treasury near plan for Fannie and Freddie - report


money.cnn.com

\"Shares of both companies are still down more than 80% so far this year, however.\"

\"The ultimate cost to the taxpayer of any Treasury intervention remains unknown.\"

\"The Treasury Department retained Wall Street\'s Morgan Stanley in early August to advise it on its new authority to prop up the two firms. Morgan will provide advice on capital markets, capital structure, strategy and mortgage-related matters through January 17. It will not be paid for the work, beyond accepting $95,000 for.....
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posted on Sep, 6 2008 @ 07:02 AM
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According to this recent article, the \"Treasury\" is going to bail out/assume control over Fannie Mae and Freddie Mac.
LOL the Treasury has no where near that kind of money. In fact it\'s virtually bankrupt without the support of the Federal Reserve to loan \'it\' money.
What do you know, Morgan Stanley is going to help \'arrange\' the details of the transaction.
Isn\'t Morgan one of those international bankers who acquired a fortune in the last Great Depression.
Doesn\'t it seem this is a repeat though with much greater consequences?
Just another financially engineered American Assett and Power Grab at the expense of the US citizenry and the Constitution.
All of this is done courteous of the international banking cartels to once again take advantage of the \"ignorance is bliss\" attitude of the populace at large. It doesn\'t help that American citizens are overworked/overstressed to take the time to figure out what has gone on in the past and continues to gooo on in the present.
No other financial figure head on Earth could afford to conduct this transaction other than the Rothschild international banking cartel. They are the only Trillionare International banking family with that kind of money of which is distributed, concealed within Trusts, Shell corporations registered in countries which conceal shareholder membership thus allowing the culprits to hide/shield their identity in perpitude.


money.cnn.com
(visit the link for the full news article)



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