$100 Billion Dollar Bailout coming very soon for Fannie and Freddie. (October?)
Fannie and Freddie could need $100 billion bailout in next crisis, stress test finds Fannie Mae and Freddie Mac could need a taxpayer bailout of as much as $99.6 billion if a severe economic downturn gripped the U.S., their regulator said Monday. The Federal Housing Finance Agency released the results of a stress test that … Read more