http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 04:49:32 -0500 http://wordpress.org/?v=abc hourly 1 http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/comment-page-1/#comment-123486 Chris Sun, 07 Sep 2008 23:37:47 +0000 http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/#comment-123486 This is going to be a shocker to the industry. Currently my source tells me there are 300 banks on the watch list. The goverment is not releasing that list in fear of people doing a run on the banks. However we can say that no bank is safe. My personal advice would be not to have any more than $100k in any bank just to stay FDIC insured. This is going to be a shocker to the industry. Currently my source tells me there are 300 banks on the watch list. The goverment is not releasing that list in fear of people doing a run on the banks. However we can say that no bank is safe. My personal advice would be not to have any more than $100k in any bank just to stay FDIC insured.

]]> http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/comment-page-1/#comment-123480 Zombie Money Sun, 07 Sep 2008 22:00:45 +0000 http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/#comment-123480 Ouch...glad I don't own any of their stock. Ouch…glad I don’t own any of their stock.

]]> http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/comment-page-1/#comment-123451 Early Retirement Extreme Sun, 07 Sep 2008 17:27:03 +0000 http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/#comment-123451 Socialized home ownership ... what's next? Socialized home ownership … what’s next?

]]> http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/comment-page-1/#comment-123441 "Mo" Money Sun, 07 Sep 2008 14:51:05 +0000 http://www.fivecentnickel.com/2008/09/06/fannie-mae-and-freddie-mac-failure-looming-takeover-is-imminent/#comment-123441 I have questions! Will the government be able to do what the private companys did? Will the goverrnment be able to make a profit after the crunch is over? I am against the government taking over any business period. Let the chips fall where they may. I have questions! Will the government be able to do what the private companys did? Will the goverrnment be able to make a profit after the crunch is over? I am against the government taking over any business period. Let the chips fall where they may.

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