FT: Time for comrade Paulson to pull the plug on the Fannie and Freddie charade

Totally misguided regarding public purpose. For one thing, the shareholders of the agencies are still there for ‘market discipline’ - all that’s been done for them is eliminated liquidity issues, not solvency issues. At the end of the day a lot of houses were built for a lot of people who live there. These are real assets [...]