RE: Fannie Mae breakdown....Gold Price up?Weird thing is - why so little mainstream news on the fraud investigations... as if the market would panic (grin).
When mortgage re-insurance and derivatives finally show their seedy underbelly and Fannie and Freddy are in the tank I think hurricane damage and writedowns are going to be the least of the US Administration's worries. (Not to mention the banking establishment and brokerage cabal underwriting derivatives and debt-backed securities).
Hope Bernanke has a helmet and parachute... and hope you've all loaded up on bullion as well as G this past year
