US Nationalises Banks Well nearly – but they’ll never admit it. The headline news in financial markets today (a Saturday! – no co-incidence there then?), is: Key US lenders to face new curbs BBC News U.S. Nears Rescue Plan For Fannie And Freddie Washington Post, source story The two psuedo-companies called Freddie Mac and Fannie… Continue reading US Nationalises Banks while Russia Devalues the Rouble! Total Irony.