Book blog: The financial collapse and who saw it coming
By Dave
September 23rd, 2008 | Leave a comment
The bailout plans for Fannie Mae and Freddie Mac and a few other bigs, like AIG, aren’t going over so well with Congress now that the initial pangs of panic have worn off. Paulson and Bush have rushed in with a pile of money, if you consider $700 billion to be a pile of money, to save this financial behemoths from their own arrogance and screwups. Sound familiar?
This story will have the nonfiction aisles clogged with stories of recriminations. At least for those left who can afford to buy the books.





