“Just Say No”

If December 7, 1941 is “a date which will live in infamy,” the weekend of September 13th and 14th will be recalled as the date the United States Government threw up its hands, having just bought Fannie Mae and Freddie Mac, and finally said no to Wall Street leaving the financial institutions to fend for themselves. Lehman filed for bankruptcy Monday. Merrill sold itself to Bank of America, with a push from the government some surmise and AIG continued its scramble for capital after declining an offer from a hedge fund. The strength and resiliency of our economic system will

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