Tag: financial meltdown

Here is what you get from a Bush run government: The FBI was aware for years of “pervasive and growing” fraud in the mortgage industry that eventually contributed to America’s financial meltdown, but did not take definitive action to stop it. “It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt […]

I really don’t know what to take away from this: The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait’s daily Al-Seyassah reported Thursday. Quoting “highly informed” sources, the daily said Washington has asked Saudi Arabia for 120 billion dollars, the […]