U.S. Weighs Takeover of Two Mortgage Giants - NYTimes.com
WASHINGTON — Alarmed by the growing financial stress at the nation’s two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday.
I wonder if it's time to pull the money out of the bank and buy a gun? This is serious end game stuff.....