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Biggest bank collapse in US history!
Senator
Washington Mutual Seized Sold off
http://www.foxnews.com/story/0,2933,428264,00.html
Biggest bank collapse in US history!
"July 14, 2008: I think this is a case where Freddie Mac and Fannie Mae are fundamentally sound. They're not in danger of going under. They're not the best investment these days from a long term standpoint going back. I think they are in good shape going forward. They're in the housing market. I do think their prospects going forward are very solid."
-Barney Frank
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