Why are you so uninformed?
Without Fannie and Freddie’s certification of millions of bad loans as safe, other banks both domestic and foreign wouldn’t have bought them. More importantly, world financial markets wouldn’t have relied on those packaged loans as collateral and collapsed when they went bad. Fannie, Freddie,= Fraud.
Franklin Raines
Jamie Gorelick
Jim Johnson
Do you hear about them Cooking the Books? Did ya miss that piece of news? Did MSNBC skip over that story?
http://whiskeyandgunpowder.com/fannie-freddie-fraud/
Democrat Party. The party of Misery, Violence and Hate.