Bailing out “Fannie and Freddie”
It is disgusting watching the government bailing out those firms and let the taxpayer guarantee the 5$ trillion in mortgage debt.At least this is what will happen …
Via NYT -> U.S. Weighs Takeover of Two Mortgage Giants
Via Bloomberg -> Fannie, Freddie Are Too Big to Fail, Lawmakers Say
Socialism here we come..
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