Most people just do not seem to realize how dangerous it is to let their scrotal temperature rise! Check this link for more details http://news.bbc.co.uk/2/
I've built ...
we were made redundant from work last week and some of the employees took stuff from the company cos they were not gonna pay any redundancy to the staff. were they in their rights to take stuff to ...
All the manufacturing infrastructure has moved to China and India - only the R&D is being continued in the US, whereas all the labour and enginnering is being done in those Asian countries (so ...
Do i need a network marketing licence to open a network marketing company? And i need to hire a lawyer to read through all my company polices and regulation before i start the company?...
i work in a local office as a temp, so i get paid by a recruitment agency. over christmas they are giving us less hours because they wont be so busy so we are all losing pay!! are they allowed to do ...
Sure... 1% of the time they bring up a legit gripe... but 99% of the time they only function to slow things down, protect lazy idiot workers, and prevent the good workers from being promoted. Is it ...
gas at Exxon, after a few days, I predict they will lower their price to pressure us to buy gas from them. Then we should stop buying gas at BP, they will lower their price to compete with Exxon, and ...
I'm interested in a career in investment banking so right now i'm applying to banks and other investment firms for a job and i have dreadlocks. Will i have to cut it to improve my chances ...
If you have seen it, have you done anything to help? Do you still shop there? What do you think is the worst thing they causing? Or are you on their side?
Call me cynical, but it appears that many products have their price fixed. Two examples I can think of as a write this question are Ipods and luxury watches.
I worked for walmart in 2006. I tried walmartbenefits.com but it does not recognize my past employment. I also tried walmart.com and was not successful. The number that site gave me 1-700-925-6278 ...
absolutely not...they got themselves into trouble...they should get themselves out.
the gov. is not going to bail you out if you go bankrupt
canadian looking for advice
No they shouldn't the mortgage companies got themselves into bad situtation by giving mortgages to people who couldn't afford them that is their problem not all of America's. Induvidual welfare is there for people who really need it and most don't want to be on it. No welfare is good for people who put themselves in the situation or for those who take advantage of it (corporation or induvidual).
ScorpionSDGuy
Yes. They should rescue them.
Fannie Mae and Freddic Mac were once government operated. They create a Secondary market for Mortgages. Without them home loans would be much harder to get and much more costly. While the burden of saving these companies will fall on the Taxpayers in the long run it will be worth it.
Without a Secondary Market the mortgage industry would lack liquidity. A Financial marke that lacks liquidity will have ineffciencies. This lack of efficiency will cause a greater difference in the meeting of buyer's and sellers. Think of it like selling stocks without a stock market. In order to sell your GM stock "you" would have to go out and find someone looking to buy GM stock. Now imagine this on a massive scale where you need to find someone to lend you $300k to buy a home.... Good Luck.
With Fannie Mae and Freddic Mac investor's can invest say $1000 at a time and F. Mac/Mae will pool the invstors money and fund loans..
Ralph N
no,fire all the workers.
golferwhoworks
Yes and they must. It was the investors that made this mess by not staying with the laws of lending --collateral, capacity, and credit. They wanted the money sooooooooo bad that they looked the other way and let the mortgage giants create B___l S___t programs that did not honor the principals of lending. They have now come down out from under the ether and saw the errors of their ways. It is not right to let people who are just now coming of age to not enjoy home ownership and that of future generations as well, since all banks would have to hold the money and payments in each branch. This would send the economy into a DEEEEEEEEEP depression that will take many years to overcome
Fiirion G
Dude the economy is bad right now.
The Lemur!
I say let em go under and let a bunch of Americans have their houses free. :)
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