Wednesday, January 18, 2012
Thank's to Barry Ritholtz for this chart on housing.Hey the Justice Dept. is doing a great job finding everyone who has anything to do with insider trading. Has anyone in the US been arrested for the mortgage mess we are in today. Oh, Anthony Mozilo from Countrywide made over a billion and had to have his company bailed out by Bank Of America and now we are all paying for it, and what does he get a 60 million dollar fine, oh boy. Fannie and Freddie are owned by the Gov. and the directors made millions and now have fat jobs somewhere else. Dodd and Frank received huge discounts on mortgages and congressmen are allowed to own stocks in company's they are deciding regulation on. WHAT'S WRONG WITH THIS PICTURE! What is this country turning into. Please write your congressmen and tell them what you think. If you agree with what their doing, buy another house and don't pay for it and see what happens.
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