John
By now I’m sure you have heard about the latest unprecedented government move to take over Freddie Mac and Fannie Mae. Treasury Secretary Henry Paulson announced the news on Sunday. It is estimated that 50% of the 5.4 trillion in US mortgages are held by Freddie and Fannie. Many experts agree that they are too big and important to fail. So here we go again with another tax payer bail out.
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Popularity: 88% [?]Rate this: 2.5
Popularity: 88% [?]
My name is John. I am a devoted husband and father in my late thirties.
