Friday, September 12, 2008

The Massive R.E. long/short in-loop scheme

Shelby ~ re: Fed Rush to the Rescue ?

For the last decades, he has not done much to prevent the R.E. bubble/burst scheme while Greenspan/Clinton repealed Glass-Steagall Act which was the seed of the current massive in-loop money making long/short market actions, e.g. bear stern, Citi, FRE, FNM, Lehman, etc. ~?~ God knows all the facts.

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Whether the Federal Reserve will rush to recue Lehman Brothers if its troubles push it to the bring of bankruptcy, with Sen. Richard Shelby, (R-AL) Committee on Banking, Housing & Urban Affairs
Last Update: Fri. Sept. 12 2008 | 9:45 AM
http://www.cnbc.com/id/15840232?video=853097033&play=1

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