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CNN and bank bust

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CNN and bank bust

Sunday, 13 July 2008 00:00 that girl News & Events - Media & Journalism

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lenghart... Votes: +0	Two banks are now under federal supervision. The banks are the Fannie Mae which now is the Fannie Mae Federal any deposit up to $100,000 will be fully covered any amount over that will only receives 50% of the sum back. I recieved this information the CNN news this morning. The other bank is IndyMac bank which now is under federal supervision. I try to apply logic to these situations but this situation has me really troubled. When the banks start to fail it is like 1929 is happening. report abuse vote down vote up


Me Votes: +0	Duh, you're on the Internet. Are you serious? report abuse vote down vote up

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