Jack, we all know how trustworthy Fannie Mae & Freddie Mac are with the events leading to the sub prime meltdown. The very smart Bawney Frank & Chris Dodd said they were completely sound and no need to worry.
I would like to know what “domestic reinsurers” agreed to sell them a policy and take on such a ludicrous risk, so I can make sure I have nothing invested in those companies.
Glad you insured a whole 3%, now we only have to bail you out for the other 97%.
Jack, we all know how trustworthy Fannie Mae & Freddie Mac are with the events leading to the sub prime meltdown. The very smart Bawney Frank & Chris Dodd said they were completely sound and no need to worry.
I would like to know what “domestic reinsurers” agreed to sell them a policy and take on such a ludicrous risk, so I can make sure I have nothing invested in those companies.