DislikedWant more?!?!?
"The taxpayer cost of bailing out Fannie Mae and Freddie Mac won't be known until the housing market and the economy stabilize, Treasury Secretary Henry Paulson said Monday."
-CNBC
We are talking about several unknown billion of dollars.
I hope Paulson knows what he's doing / saying. Or he's just buying time to dump the garbage truck in the oval office by 2009.
Those guys really seem to be adding skeletons to the closetIgnored
The Treasury chief reiterated that yesterday's intervention is a ``time-out'' that leaves it to the next Congress and administration to decide on Fannie's and Freddie's long-term structure. - Bloomberg-
The world is just awesome..