Monday, July 28, 2008

Fannie & Freddie bailout could cost average US Citizen $3300

The doomsday scenario could cost taxpayers more than $1 trillion, says the S&P report. The report went so far as to say that a government bailout of Fannie or Freddie could force the agency to lower its rating on the creditworthiness of the United States.

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11-5-2024

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