2009-10-09 — washingtonpost.com
" A former Fannie Mae executive warned a House panel Thursday that the Federal Housing Administration is destined for a multibillion-dollar taxpayer bailout in 24 to 36 months, an analysis that the agency's top official immediately dismissed as "completely unfounded.""
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catherine at 02:24 2009-10-10 said:
But absent a catastrophic decline in home prices, "we will not need a bailout," FHA Commissioner David H. Stevens told the panel. :shock: :shock: :shock: :shock: :shock: :shock: :shock: THIS GUY JUST CAN'T BE LIVING ON THIS PLANET........DUH I DON'T SEE A CATASTROPHIC DECLINE, :roll: :roll: :roll: :roll: :roll: DO YOU? :lol: :lol: THESE PEOPLE ARE JUST CRAZY....... OH MY GOSH, FHA, AIG, FAN-FRED AND LAST BUT DEFINITELY NOT LEAST FDIC LINING UP FOR MORE TAXPAYER MONEY............. REMEMBER WHEN THE MUSIC STOPS 2 OF THOSE 4 WON'T GET ANY MONEY (NO CHAIR).............THAT IS WHEN THE REAL DEAL STARTS.......... CAUSE UNLESS ALL 4 ARE FUNDED, THEN PENSIONS START COLLAPSING....... JUST STARTING.......................THIS HAS JUST BEEN A WARM-UP Permalinkadd a comment | go to forum thread
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