Thursday, September 24, 2009

Fannie and Freddie, one year after take over


It was hard to imagine the fall from grace of the two power house corporations. Their government backing was always assumed, but the day they were raided by the government gave many investors and homeowners pause.

Here we are one year after the take-over. Are things any better? It's hard to imagine the giants ever reaching their prowess again.
Photo used under the creative commons license from Wikipedia.

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