Freddie Mac & Fannie Mae~~"Let them fail"

[sixdogsmom]

What?

[Diane Amberg]

Let me try this again, something hiccuped and froze up.
I've been reading Al's  July 21st ''Pension & Investments" newspaper. Thought I'd share a little that might be of interest. This is a bit from John D 'Antona Jr.
                       "Money managers are buying Fannie Mae and Freddie Mac mortgage- backed securities because they believe the market has over reacted to the agencies' financial woes."..............and later on, "Freddie Mac reportedly  will seek to raise up to $10 billion by issuing new shares to investors, averting the need for a federal bailout."      Thought that was interesting.