Originally Posted by GarfieldJL
Uh actually it did, Freddie
Freddie/Fannie is tied to the following: housing devaluation, predatory lending, and foolishly buying property. Heck they were paid by the number of loans they issued.
The CEO Fraud partially ties in.
The only thing it doesn't tie into is oil prices, aside from being the straw that broke the camel's back.
I bet you missed correlation and causation when you went to school.
“This body is not me. I am not caught in this body.
I am life without limit.”
Last edited by El Sitherino; 10-08-2008 at 09:14 PM.