2010-06-14bloomberg.com

"The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history."



Comments:

catherine at 19:18 2010-06-14 said:
so fannie and freddie are operating just like the wall street wholesalers used to BUT THEY ARE PLAYING WITH INNOCENT CITIZEN'S TAX DOLLARS...........nationalization........almost totally complete in 3 years........ Permalink

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