> > Thanks to people like Barney Frank, Fannie and Freddy > > had their hands in 50% of the U.S. home mortages > > - they came very close to bringing down the whole > > international banking system. > > authfriend: > No, they didn't. Please read the Wikipedia article I > recommended to John and inform yourself: > "As of 2008, Fannie Mae and Freddie Mac owned or guaranteed about half of the U.S.'s $12 trillion mortgage market."
http://en.wikipedia.org/wiki/Freddie_Mac
