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Struggling Citigroup hedge fund bars withdrawals
Reuters ^ | 15 Feb 2008 | Yinka Adegoke

Posted on 02/15/2008 2:15:40 AM PST by BGHater

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To: milford421; DAVEY CROCKETT

Ping.


21 posted on 02/15/2008 7:07:53 AM PST by nw_arizona_granny (http://www.freerepublic.com/focus/news/1886546/posts?page=4972#4972 45 Item Communist Manifesto)
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To: chainsaw
"American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage."

~~Alan Greenspan, February 22, 2004

22 posted on 02/15/2008 7:09:53 AM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Travis McGee

23 posted on 02/15/2008 8:38:23 AM PST by Gritty (Politicians are the only people who create problems and then campaign against them-Charley Reese)
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To: chainsaw

>>with congress for allowing lending
>>institutions to sell adjustable rate mortgages.

Should congress also disallow floating credit card interest rates?


24 posted on 02/15/2008 9:19:01 AM PST by Etoo
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To: Travis McGee

“American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.”~Alan Greenspan, February 22, 2004

It sure has been good for the economy hasn’t it?

When the payments go up and the people cannot afford the increase they lose their homes.

It looks to me like the lenders benefited (short term) not the consumers.


25 posted on 02/15/2008 9:53:56 AM PST by chainsaw (Monica Lewinsky's ex-boyfriend's wife for Pesident ?....No Muslim in the WH either.)
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To: Etoo

Should congress also disallow floating credit card interest rates?

Absolutely. Usury laws should also be reinstated.


26 posted on 02/15/2008 9:56:51 AM PST by chainsaw (Monica Lewinsky's ex-boyfriend's wife for Pesident ?....No Muslim in the WH either.)
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To: ovrtaxt

There are rumors floating around about Both Citi and B of A......


27 posted on 02/15/2008 11:22:06 AM PST by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: Halgr; ovrtaxt
There are rumors floating around about Both Citi and B of A......

Yep. Not very good ones, either. Thanks for the ping, ovrtaxt.

28 posted on 02/15/2008 5:08:36 PM PST by nicmarlo
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