Posts tagged as:

taxpayer

Economy

Congrats: You Now Own AIG Insurance! Socialized Business Comes To America, Comrades

by Charles Feldman | September 17, 2008

Who would have thought that a relatively small number of people who couldn’t pay their sub-prime mortages would bring about the end of the American economy as we knew it? The latest development is an extraordinary one. As CNNMoney.com put it: “In an unprecedented move, the Federal Reserve Board is lending as much as $85 [...]

6 comments Read the full article →
Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.