11/29/2011

How Paulson gave hedge funds advance word of Fannie Mae rescue

Now, amid tumbling home prices and near-record foreclosures, attention was focused on a new source of contagion: Fannie Mae and Freddie Mac, which together had more than $5 trillion in mortgage-backed securities and other debt outstanding.

11/29/2011

Silver bullion can beat hyperinflation

Investors do not want to hold money in banks these days, fearing a bank run. Moreover, the financial situation in the US is not getting better.