The blowup and bailout of Fannie Mae and Freddie Mac by taxpayers was foretold so many times in the last three decades by critics of the two federally chartered and subsidized mortgage giants that not even the data-searching powers of Nexis, Factiva, and Google combined can total them. ...
P.S. New Agency Proposed to Oversee Freddie Mac and Fannie Mae, The New York Times, September 11, 2003
(via Just One Minute)
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