October 01, 2008

The Family And Concience Of Fannie Mae?

Words fail me.


Avatar said...

To keep up with Wall Street expectations, Fannie Mae held onto more mortgages and mortgage-backed securities for investment purposes. The same practice nearly drove the company into bankruptcy in the early 1980s. Once again it was spared in 2008.

Jan said...

avatar..I checked out your site, and found lots of facts.

I hope my readers will check it out, too.

Thanks for dropping by!