1) If CFC files BK, it will mark the biggest failure of US domestic policy, something this administration can't afford to lose. 2) Bush spent more than 1 Trillion $ to fight terrorists and help Iraq people to rebuild their houses, only to see million of Americans to lose their home because a few billion dollars? 3) During the conference on Aug 16, Fed and bankers decided to put Mr G's mistake behind by giving unlimited funds to CFC under the condition that CFC will never write non-prime loans again. 4) CFC started to layoff stuff Alt-A load division immediately. CFC is baited out.