Tuesday, September 23, 2008

Coyote Blog: I'm Sure This Is Not In Any Way Relevant To Recent Events

Prophecy in the New York Times 30 September 1999

"In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's."

Coyote Blog: I'm Sure This Is Not In Any Way Relevant To Recent Events

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