Page 9 - Debt Issues News Today

Time, so really, the rules can be changed at any moment. that adds some unease to the marketplace, so that started off with the financials. then of course you have the debt issues in europe that have been lingering over the markets, and of course the big selloff that we saw last thursday. that selloff, we still dont really know what caused it. we know that the floor of the stock exchange, humans make trades but computers are also involved and because of the confluences of events and news and the...

Ground, although its a very big day today. a little perspective since weve talked so much about greece. greece is part of the trillion dollars plan thats going to receive about $140 billion over the next couple of years to deal with debt issues. just a little perspective. this morning we heard that fannie mae needs another $8 billion from u.s. taxpayers. fannie mae and freddie mac, the government-backed lenders for our housing market, have taken about $140 billion of our taxpayer money. they sti...

There are still some hurdles to get through before they can get there and get this money. also, are the other 15 countries in the european union onboard for this plan. for one, is germany okay with this plan? if this plan does not get that support, it could fall by the wayside and thats part of the issue here. also, whether or not this issue would spread to other countries. there was a fear yesterday that -- there were rumors that spain was working with the imf to find out some ways to work out ...

Of the party. >> reporter: crist is about to announce that he is running as independent. he acknowledges its not easy. this is a state where democrats are largest party of 44% of registered voters. republicans have 36%. he jumped in the smallest pool, independents make up only 20. in his remarks today he said as soon as the speech is over he will go forth without support of any political party. thats why he needs folks like this. >> bret: carl cameron live in st. petersburg. thanks. number of am...

Latest updates on this topic.