Via Truth on the Market9) Does Freddie Mac pose financial risk to American taxpayers?
No. Many independent, formal studies – conducted by government agencies and private rating agencies – confirm that Freddie Mac is adequately capitalized and manages its business risks well. Freddie Mac's obligations and securities do not constitute government debt and are not guaranteed by the Federal government.
Monday, September 22, 2008
Still in denial
From the Freddy Mac Website
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment