Should the Feds Have Taken Over Fannie and Freddie?
September 17, 2008
Is it Monday morning quarterbacking or buyer’s remorse? The federal government’s bailout of Fannie Mae and Freddie Mac is a little more than a week old, and already concerns are being raised about whether it should have been done at all, or perhaps timed differently. “The GSEs might have been able to muddle through for the next six months, and at least their debt was selling, although...