Inside Wall Street: The Fannie Mae/Freddie Mac Bailout is Necessary - But Don’t Expect a Happy Ending
July 15, 2008 at 12:15 PM EDT
It’s the end of the “ American Dream .” It’s the story of how the inevitable bailout of insolvent housing giants Fannie Mae (FNM) and Freddie Mac (FRE) - with the Federal Housing Administration soon to follow - will ultimately lead to such sorrowful…