11-21-2008, 04:03 AM
>>If Fannie and Freddie hadn't gotten into the market, we wouldn't be having this problem.
a) i'm not sure thats true because the demand for mortgage backed securities still would have existed.
b) even if it was, there's a difference between being part of historical events and willful negligence.
a) i'm not sure thats true because the demand for mortgage backed securities still would have existed.
b) even if it was, there's a difference between being part of historical events and willful negligence.