I wonder if Barney Frank has cared to comment yet.Story here: http://www.bloomberg.com/apps/news?

The good news about all of this?

News Conference at 2pm EST.Government, mortgage industry to announce assistance effort for Fannie Mae, Freddie Mac loans in news conference.http://biz.yahoo.com/ap/081111/meltdown_mortgages.html :cool:

Banks, and mainly European banks, have large exposure to emerging market debt of all types through both sovereign, corporate and individual loans.

I've been hearing news reports of angry protests out side of and vandalism to churches as well as racial slurs being slung at african americans (brought out by Obama's campaigning efforts) who voted overwhelmingly against gay marriage.Huh....

I find it funny fox news blames Obama for the dow jones loosing 400 points but when it rallies back they dont say anything about him...

Depends on what kind; installment, consumer, or investment debt-makes a dif imo.Most people not only don't have the reserves I listed, but here is the bad news.

I guess he was working on his own financial bailout.http://sports.espn.go.com/nba/news/story?

Looking for a destination that offers some of the best watersports in the world including diving, kitesurfing, snorkeling, a vibrant nightlife, a choice of restaurants and cheap shopping at a fraction of European prices?

The good news is that a bunch of flash cash private lenders have entered the market and will supply funds at less than a point for up to 5 days.