Fannie, Freddie bailout: $153 billion … and counting
Economy • February 2011 • Views: 901
NEW YORK (CNNMoney) — When the dust settles, the federal bailout of Fannie Mae and Freddie Mac will be the most expensive government rescue of the financial crisis — it already stands at $153 billion and counting.
Even as the Obama administration unveiled its plan for reforming the firms, experts agree taxpayer losses are going to continue to climb, no matter what Congress eventually decides to do with them