Tag: housing crisis

Bailout Impacts Taxpayers And Shareholders

| September 8, 2008 | 0 Comments

It’s all over the news.  BAILOUT!  Mortgage giant’s Fannie Mae (FNM) and Freddie Mac (FRE) have been taken over by the Federal Government.  I actually think the proper phrase is “placed in a government conservatorship”.  Whatever the words are – the result’s the same. The US Federal Government is now the nation’s largest mortgage lender. […]

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