Showing posts with label Subprime Mortgage Losses. Show all posts
Showing posts with label Subprime Mortgage Losses. Show all posts

Saturday, February 12, 2011

Freddie’s Fannie


NEW YORK (CNNMoney) – “When the dust settles, the federal bailout of Fannie Mae and Freddie Mac will be the most expensive government rescue of the financial crisis -- it already stands at $153 billion and counting.” (see: Subprime Mortgage Losses)

Can we start taking this out of Barney Frank’s allowance?