Hmm...did the government do it again...

[cryowizard]

From a NYT blog comment:

Dodd, Frank and Schumer created such a disaster. Schumer set the collapse of the banking system in motion when he killed Barclays acquisition of Lehman by issuing his September 11, 2008, letter declaring that banks should not be allowed to foreclose on homes. Since the value of the debt depends on the ability to enforce the terms, Barclays realized that Schumer and other democrats would wipe out the value of the mortgages. Barclays asked the US Govt to give a guarantee that they would not let Schumer’s plan go forward, but were told they could not stop Congress particularly if Obama got elected. This was the end of Lehman, which triggered AIG and nearly caused the collapse of Goldman.

Here's the letter they talk about. I can't independently confirm the part about Barclays asking for guarantee against the proposed freeze on foreclosures.

Makes you think though...
 

Comments

[rkatsyv.livejournal.com]

Тут должно быть какая-то ошибка, это же "партия интеллигентных людей"