ahead this st. patrick s day friday starting with desperate measures on wall street. nearly a dozen banks teaming up to prevent this week s financial turmoil from spreading their $30 billion life line to save another major bank from potential ruin as janet yellen works to sooth the markets and reassure americans that their money is safe. i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. plus major move in china s partnership with russia, announcing this morning that xi jinping will visit russia next week at the invitation of vladimir putin that comes as russia continues to search for the downed u.s. drone intercepted by a russian fire jets. why the pentagon says russia won t find anything useful even if they do track it down and rage on the streets of paris, thousands of protestors rise up over an unpopular move by macron raising the age of retirement
green issue in to care. and gordon gecko kept gambling. fannie mae and freddie mac are two of the very important tools we have. people who are critical of the arrangements that we have. i there it is clear that fannie mae and freddie mac are sufficiently secure so they are in no great danger. once congress is getting out ahead of a problem. my primary interest and i know i share this with others who care about housing is to make sure nothing is done in this real estate organization to weekens the obligation of fannie mae. jesse: barney frank said everything is fine and knew washington was on their side. banks started chapg up mortgages like sushi rolls and giving homeless crack heads north gadgets. crack head, no problem. here is a jumbo loan. this is a true story. if you were a strawberry picker and wanted a beach house, wells fargo would buy that you beach house. banks were at each other s throats over who could loan the most. mortgage funds were amazingly profitable