The Associated Press is reporting that a bailout of Fannie Mae and Freddie Mac, federally supported mortgage lenders, could cost taxpayers $25 billion.
“’This is like two months in Iraq for something that involves, literally, market stability and (calms) global jitters,’ said Sen. Christopher J. Dodd, D-Conn., the Banking Committee chairman. Dodd said he hoped the legislation would clear Congress by the end of the week.”
“’This is like two months in Iraq for something that involves, literally, market stability and (calms) global jitters,’ said Sen. Christopher J. Dodd, D-Conn., the Banking Committee chairman. Dodd said he hoped the legislation would clear Congress by the end of the week.”
Comments