Kate Incontrera
Fannie and Freddie: So Much for ‘Free Markets’
Read the full article: http://www.contrarianprofits.com/articles/fannie-and-freddie...
Bill Bonner says that, although we look at the likes of Zimbabwe with incredulity in the US, we are heading down a similar route with the nationalization of mortgage giants Fannie Mae (FNM) and Freddy Mac (FRE). So much for the biggest ‘free market’ in the world…
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