Fannie and Freddie: Worthless?

blog.ockhamresearch.com — Don't get too cosy with the rising Dow Jones; There is still a bumpy ride ahead for the US economy, there is still a lot of damage to find and repair.

This article summarizes where the government is with the Fannie, Freddie bailout and what may come. Remember there are other basket cases out there, many more, who need feeding or they may fall.

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