Comments on: Morgan Stanley: behind the Fannie-Freddie bailout

By: NoName,Chicago,il

NoName,Chicago,il — Tue, 09 Sep 2008 02:39:29 +0000

It’s not the first and will not be the last where the responsible get punished and pay for the wrong doings of the few…

By: r.james,new zealand

r.james,new zealand — Mon, 08 Sep 2008 20:59:30 +0000

this is discrimination at is best from a land that promotes freedom all around the world,wheres my bailout.

By: Jeff, Los Angeles

Jeff, Los Angeles — Mon, 08 Sep 2008 20:51:52 +0000

Blind leading the blind.

By: moregentle, San Diego, CA

moregentle, San Diego, CA — Mon, 08 Sep 2008 19:27:46 +0000

I think some thing could have been done a bit better and gentle. This is great for Bill Cross and bond holders worldwide. Did they consider numerous regional and community banks may go under which may need FDIC to bail out big time? Are we ready to bail out FDIC as well? What will be our reputation to the world that this was all done on a Sunday without any company proxy. Should this only happen in dictatorship communist coutries only? How do we look to the world, when potentially we have to deal with class actions world wide. FNM, FRE were blue chips once created by us. Now they are the worst papers in this nation. Who do blame to pay for more regional bank bailouts, failures and the people pension, MF loss.

By: Elric, New York City

Elric, New York City — Mon, 08 Sep 2008 19:12:28 +0000

This is not a surprise! This country has always been a socialist country on the downside. The corporations and the Rich always want government not to regulate the markets on the upside. They yell “Less government” Don’t interfere with “Free Market” while the going is good. But on the down side “its bail us out” This happened with Detroit, savings & loans, post 9/11 Airlines, Long-Term Capital, Bear Stearns & now Freddie and Fanny. Yes Virginia There is a Santa Calus and his name is currently Hank Paulson

By: Steven Skinner, Atlanta Georgia

Steven Skinner, Atlanta Georgia — Mon, 08 Sep 2008 18:21:20 +0000

Unfortunately, this is economic socialism at its best. We have stopped being a capitalist country. We are bailing out institutions that have power instead of letting them fail and allowing the enterprises that are well run to feast on their weaker competitors. In the end, our economy will be all the weaker for the bailouts of Fannie, Freddie and Bear.

By: Anonymous

Anonymous — Mon, 08 Sep 2008 16:16:12 +0000

Mack did this for one reason and only one reason: He wants to be the next US Treasury Secretary. I wonder how that reconciles with his fudiciary responsibilities at Morgan Stanley? imho of course….