Barney Frank Calls Into Question the Safety of Investing in Fannie & Freddie
March 05, 2010 at 14:09 PM EST
Well, whether this is another gaffe or not, we don’t know yet. But House Democrat Barney Frank, who is the chairman of the House Financial Services Committee, has unexpectedly sent shudders through the financial world by calling into question the safety of investing in mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE). “People [...]