Are we looking at one middle-aged network admin’s own personal, Dr. Strangelove-esque Doomsday Device? If so, awesome
In a nutshell: turn off 3G, location and push services, thereby rendering it pointless.The amount of footnote disclaimers on this page is utterly ridiculous, by the way.
Under a conservatorship, the shares of Fannie and Freddie would be worth little or nothing, and any losses on mortgages they own or guarantee — which could be staggering — would be paid by taxpayers.
The government officials said that the administration had also considered calling for legislation that would offer an explicit government guarantee on the $5 trillion of debt owned or guaranteed by the companies. But that is a far less attractive option, they said, because it would effectively double the size of the public debt.