How else did all these problems seem to show up, all at the same time, in early 2008, and many folks who are PAID to watch the stock market and the financial institutions seem to get caught flat footed?
My guess is that everybody started with the premise that Fannie Mae and Freddie Mac knew what they were doing.
60 posted on 03/08/2009 7:36:40 PM PDT by okie01
(THE MAINSTREAM MEDIA: Ignorance on Parade)