The 400 Billion Fannie Mae and Freddie Mac Robbery

Jane Hamsher connects the dots over at FDL. The NYTimes has reported: Fannie Mae and Freddie Mac, which buy and resell mortgages, have used $112 billion — including $15 billion for Fannie in November — of a total $400 billion pledge from the Treasury. Now, according to people close to the talks, officials are discussing … Continue reading The 400 Billion Fannie Mae and Freddie Mac Robbery