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Old 07-12-2008, 09:16 PM
Junior Member
 
Join Date: Jul 2008
Posts: 10
Default Our financial institutions

What is going on!?!? We are in for some scary times ahead. The meltdown in our financial sector is dwarfing the Enron ordeal. I can't amagine what kind of inflation we'll be faced with if our government decides to bail Fannie and Freddie.

And this morning, I wake to IndyMac news. There assets were seized are being shutdown! What's going to happen to all the folks that had more than $100k deposited in their banks. What's next?
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