Post date: Jul 25, 2011 12:31:24 AM
Monday, July 14, 2008, 07:30 AM
Posted by Administrator
When I heard about the Freddie Mac and Fannie Maye "bailout" (actually relaxing of regulations and potential for additional credit) my gut reaction was displeasure. Now I hear that they are held in large part by foreign investors, and chartered by the US government.
On the plus side, the dollar gained again. Woo-hoo!