21 January 2008
Freddie and Fannie
Ok I've got something to say. Where the hell is Freddie Mac and Fannie Mae in this mortage crises? Shouldn't they be getting in trouble? Everyone knows that Freddie isn't exactly the paragon of corporate responsibility (a repugnant history of cooking books so the execs see more cash money), but as the behemoths of secondary mortgages, shouldn't they have at least something to say in this mess? Anyone have any info? Help a girl out.
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1 comment:
They are involved through Washington Mutual - they were being investigated in NYC back in November 2007 ... but I haven't really heard much about it since.
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