Hmm, this sounds kind of familiar if you remember the Keating Five and S&L Collapse: “Nevada regulators have shut down Silver State Bank. It was the 11th failure this year of a federally insured bank. Andrew McCain, son of Republican presidential nominee John McCain, was a member of the bank’s board, but recently stepped down for ‘personal reasons …. ‘” Ha, whatever, McCain Crime Family. Meanwhile, the federal government is about to seize mortgage giants Fannie Mae and Freddie Mac. [AP via Cryptogon/Wall Street Journal]
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