Friday, July 25, 2008

U.S. Taxpayer Bailout of China Over Fannie Mae

From INFOWARS:

Mike Shedlock
Mish’s Global Economic Trend Analysis
July 12, 2008

"If the US bails out Fannie Mae bonds as suggested in We’re All Homeowners Now, Nationalization of Fannie, Freddie Unavoidable, inquiring mind just might be wondering "Who is the biggest beneficiary?".

It’s a good question too. Please consider Chinese Government is Top Foreign Holder of Fannie Mae, Freddie Mac Bonds."

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