Wednesday, December 16, 2009

Big Decision Looms on Fannie, Freddie

The Wall Street Journal reports:
The U.S. Treasury faces a decision by year end on whether to increase its bailout of Fannie Mae and Freddie Mac beyond the $400 billion it has already committed.

So far, the companies have taken $112 billion in capital infusions from the government, and most analysts believe they are unlikely to use up the full $400 billion.