The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.
Monday, June 14, 2010
Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
Bloomberg reports:
