Fannie Mae Asks For More Government Money

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ikorack
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10 May 2011, 7:02 am

http://hosted.ap.org/dynamic/stories/U/US_EARNS_FANNIE_MAE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-05-06-16-58-01

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Fannie Mae asked the government Friday for an additional $8.5 billion in aid after declining home prices caused more defaults on loans guaranteed by the mortgage giant.



What idiot recommended federal bailouts?



ruveyn
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10 May 2011, 9:03 am

ikorack wrote:
http://hosted.ap.org/dynamic/stories/U/US_EARNS_FANNIE_MAE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-05-06-16-58-01

Quote:
Fannie Mae asked the government Friday for an additional $8.5 billion in aid after declining home prices caused more defaults on loans guaranteed by the mortgage giant.



What idiot recommended federal bailouts?


During the late and unlamented Carter administration Chrysler Motors received a 1.2 billion $ bailout. That was a lot of money then.

ruveyn



ooOoOoOAnaOoOoOoo
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10 May 2011, 6:39 pm

AGAIN!! !!???! !!????! !! !! !?