Wednesday, September 8, 2010

US Taxpayers on the Hook for Five Trillion in Bad Debt

March 12, 2010 by Jose Luis Flores  
Filed under Media


March 11, 2010 Yahoo Finance By Aaron Task House Financial Services Chairman Barney Frank caused a bit of an uproar Friday when he suggested the U.S. government does not guarantee the debts of Fannie Mae and Freddie Mac. Rep. Frank later recanted and backed a Treasury Department statement reassuring investors that, yes, Fannie and Freddie Mae debt is guaranteed

U.S. Taxpayers on Hook for $5 Trillion of Fannie, Freddie Debt… No Matter What Barney Frank Says

March 10, 2010 by Jose Luis Flores  
Filed under World News


Aaron Task | House Financial Services Chairman Barney Frank caused a bit of an uproar Friday when he suggested the U.S. government does not guarantee the debts of Fannie Mae and Freddie Mac.

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