Posts Tagged ‘ Fannie Mae ’

The Bailout May Need a Bailout

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September 27, 2009

Our government is now on the hook for trillions in mortgage loans, and traders are making money selling our government more debt. The problem is that the bailout just may be suffering losses that are leaving our government scrambling to shuffle the pea from cup to cup. From Heidi Moore: Look deeper, however, and the government...
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