Tag Archives: Banks

The U.S. government nationalized Freddie Mac and Fannie Mae

The U.S. government feels really deep in crisis and has decided to nationalize two key institutions for the U.S. economy. The operation will be to make state Freddie Mac and Fannie Mae, two institutions that absorbed (or better funded) 80% of the mortgage crisis.
The intervention will cost taxpayers a lot of money Americana’s estimate about [...]

Full Story

Ready: free loan Account

Ready is a product of Italian post office designed to gain a small amount in a few minutes. The feature of this loan is the ease with which it may be required. In fact the requirements for success are:
Is quite easy to ask: just submit post offices enabled, an identity document and tax code, with [...]

Full Story

Two other failed banks in the U.S.

The financial crisis is becoming more serious and two other banks in the United States have declared Bankruptcy. The First National Bank of Nevada and First Heritage Bank.
With these two banks are 7 bankruptcies registered in the U.S. this year. Unfortunately, with the mortgage crisis the banks are unable to find the credit necessary to [...]

Full Story

Subsidies to U.S. banks in crisis

The United States has decided to fund some banks to try to take a hand in the economic situation more and more tragic.
Mark75 of banche.blogspot has assessed this transaction does not precisely the most excellent:

Assumed to support Fannie Mae and Freddie Mac is not balanced by guarantees from the two banks, nor the U.S. Treasury [...]

Full Story