Not going to turn around anytime soon…

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Posted on 21 Oct, 2010 by
Not going to turn around anytime soon…
Who needs a bailout now?  Fannie Mae and Freddie Mac are next in line, the taxpayers should probably be first in line.  According to CNN Money: “The Fannie-Freddie bailout could end up costing taxpayers up to 363 BILLION through 2013.”  According to Yahoo Finance:  “The worst-case scenario assumes the economy would fall back into a recession and home prices would sink an additional 24 percent, until early 2012.” http://money.cnn.com/2010/10/21/news/economy/FHFA_Fannie_Freddie/index.htm
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