Archive for July 11th, 2008

Bailing out “Fannie and Freddie”

July 11th, 2008 | Category: News

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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