It’s official. After the administration’s protestations to the contrary last week – read my lips, no new bailouts – this morning Treasury announced a plan to inject “billions of dollars in loans and investments” to shore up Fannie and Freddie. (more…)
Posts Tagged ‘mortgages’
How Much Will the Fannie and Freddie Bailout Cost Taxpayers?
Posted in Finance & the Public Interest, GSEs, public finance, tagged bailout, cost to taxpayers, Fannie, Freddie, mortgages on July 14, 2008| 2 Comments »