The estimated cost of the bailout of Freddie Mac and Fannie Mae is $300 billion, that’s if their loan books only suffer 5% loss. For some, that 5% guess is a little low, for others it’s on target. When Freddie Mac (FRE) and Fannie Mae (FNM) were taken into conservatorship, their common stock was essentially [...]
WIN: Freddie Mac, Fannie Mae Bailed Out from personal finance blog Bargaineering.com.
This blog was posted by Jim
