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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (214505)8/6/2009 8:33:28 PM
From: PerspectiveRead Replies (2) | Respond to of 306849
 
<the White House is considering folding the troubled assets of both Fannie Mae and its counterpart Freddie Mac into a new, federally backed corporation while letting the more viable portions of each mortgage company revive as publicly held entities.>

Of course, socialize the losses and privatize the gains. Why would anyone expect anything less from the kleptocracy?

BC