2010-07-23huffingtonpost.com

``Any agency of the federal government should be looking out for the public's interest. But that's not what happened in this case. FDIC made a deal with an East Coast hedge fund, Starwood Capital, in which Starwood was able to put up only $10 million cash and receive an interest-free loan of $7 million to purchase managing interest in the Concerto loan of $163 million.''



Comments:

catherine at 02:18 2010-07-24 said:
THIS IS NATIONALIZATION PEOPLE, the government is stealing tax dollars feeding fannie and freddie and FDIC and they are buying and selling like private enterprises.................

READ SOME HISTORY - this IS WHAT THE WORD 'NATIONALIZATION' means............but these freaks played it all wrong,

they unemployed 31 million (200- 300,000 coming from the gulf right now) who pay those taxes for these social experiments...............

people are getting mad at the government and have hadenough

..............http://hosted.ap.org/dynamic/stories/U/US_BELL_SALARIES?SITE=FLTAM&SECTION=US

we are Iceland, remember hardly got any press - their economy failed first, then they went after their banks for causing the mess THEN THEY STOOD IN THE STREET UNTIL THEIR GOVERNMENT STEPPED DOWN :evil: ................

said it 2 years ago WE ARE ICELAND

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