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January 14, 2010

Let's Hope These Four Things Don't Happen

Rick Newman, Flow Chart

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By Rick Newman

Posted: January 13, 2010

In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 billion so far—the biggest bailout of all. Both firms are...

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TAGGED: stocks, housing

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