FNM and FRE seems to be going to be supported by goverment for ever# Stock
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Financial bill passed
http://www.bloomberg.com/apps/news?pid=20601087&sid=aA1kCZQqj.xw&pos=2
"Republicans criticized the Senate bill, saying it failed to deal with
government-sponsored enterprises Fannie Mae and Freddie Mac, which were
seized by the government in 2008. The Republicans also said the consumer
financial protection bureau the bill would create at the Federal Reserve
would establish a massive new bureaucracy. "
http://www.bloomberg.com/apps/news?pid=20601087&sid=aA1kCZQqj.xw&pos=2
"Republicans criticized the Senate bill, saying it failed to deal with
government-sponsored enterprises Fannie Mae and Freddie Mac, which were
seized by the government in 2008. The Republicans also said the consumer
financial protection bureau the bill would create at the Federal Reserve
would establish a massive new bureaucracy. "