FLOTSAM & JETSAM: A DARK TUNNEL

Saturday, August 9, 2008

A DARK TUNNEL

As the mortgage giant Fannie Mae reported a loss of 2.3 billion, more than 3 times WORSE than analysts predicted, the absolutely brilliant assessment of Daniel Mudd, CEO of Fannie Mae was that we see the crisis every day as we are driving home and we are still in that "dark tunnel". Based on that... Sign in to see full entry.

posted by Cynthia at 9:03 AM Comments (4) (link)

August 2008
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