Page 6 - Couldnt Pay News Today

Fannie arent in this bill. i mean, it actually all began with them. >> fannie and freddies role was extraordinarily important in the financial crisis. in fact they were one of the major reasons we had a financial crisis. >> reporter: actually, that was supposed to be senator collins who said that if in fact they had underwriting standards that were stricter there wouldnt have been a market for mortgage brokers and banks who off load the low quality mortgages. freddie and fannie encouraged the ri...

Easy to look backwards know now and forget just how scary september 2008 was. it really was. in hindsight it was the right call to let lehman cut the it loose and let it go considering all they were doing behind the scenes. letting aig go really was scary. too big to fail? i think whats clear is that you cant allow too big to fail to happen. is there such a thing? >> right before it happens, yes. >> there is such a thing as too big to fail. >> no question. >> the issue is making sure we dont hav...

Scenes. letting aig go was scary. too big to fail? i think whats clear is that you cant allow too big to fail to happen. >> right before it happens, yes. >> there is such a thing as too big to fail. the issue is making sure we dont have too much of that around. >> any of it anymore, quite frankly. >> you vindicated me. i love it. is cashing in on tweet going to cost it its fans? >> a new jersey print shop under a pile of bills they couldnt pay. they found their creditors were willing to listen...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.