2009-02-23 — calculatedriskblog.com
" I'm reminded of this statement from last year:
"Both [Fannie and Freddie] are adequately capitalized, which is our highest criteria."
James Lockhart, director of the Office of Federal Housing Enterprise on CNBC July 8, 2008
Of course both Fannie and Freddie were put into conservatorship (edit) in September."
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