Posted on 02/20/2009 3:59:29 PM PST by NormsRevenge
UBS is a million percent right. Have you ever heard a bank openly say that they could go out of business? It’s suicide. They may already have funds exiting the bank at breakneck pace, and BTW Swiss banks are already in a heap of trouble due to defaults throughout Europe and particularly Eastern Europe.
Stupid, stupid, stupid.
Don’t forget all of the Hollywood leftists. I’m sure several of those belong to them. :)
I, too, am wondering about Barney Frank and his boyfriend, and Franklin Raines and others who mined Fannie and Freddie for hundreds of millions while in charge. I would be willing to bet there are more than a few in Congress who have been concealing assets this way, and I predict that this balloon will soon lose its hot air and drift back slowly to earth.
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