iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Kill Bill

Republicans propose killing Fannie and Freddie.

Q: If banks and mortgage companies did not have these government sponsored companies to lean on and re-liquefy their books of toxic waste that they sold; would we still want to kill off FNM & FRE ?

Q: Did the entities not do a good thing for many years before this crisis ?

Never mind; that’s the beer talking…..

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