Thursday, November 4, 2010

Republicans want to privatize Fannie Mae and Freddie Mac

In an interview, Bachus put reforming Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) at the top of his priorities list.
The two companies were seized by the government at the height of the 2007-2009 financial crisis and are now under direct government management. "They're in a conservatorhip and they really ought to be in a liquidation," Bachus said
Watch it all

No comments:

Post a Comment