credit crisis: A Guide to Recessionary Success - 07/22/08 06:37 AM
As the economy continues to struggle, I want to take a few moments to give you perspective from my professional standpoint.
 
We are currently amidst one of the largest banking crises since the Great Depression of the 1929 era.  As a result of that time period, the government sponsored two banking entities that would be used for times of crises, and they are known as Fannie Mae and Freddie Mac.  However, to confirm our troubled times, even Fannie Mae and Freddie Mac are on the brink of collapse.  They are currently in need a government bailout.  To assert even more … (2 comments)

 

Cyrus Khadivi

San Diego, CA

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Freedom Lending

Office: 88(843) 707-8815

Fax: (858) 437-0796



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