Fannie, Freddie, And Obama’s Hidden $6.3 Trillion Red Crayon Math
Please keep this graph of the upcoming Alt A and Option Arm resets from 2010 thru 2012 in mind while reading the following articles. If you folks aren't choking on your cheerios now, you have much stronger illusionary capabilities than I do. How many more ways can we say, 'we are so screwed'... No Exit in Sight for U.S. As Fannie, Freddie Flail MCLEAN, Va.—When Charles E. Haldeman Jr. became Freddie Mac's chief executive officer in August, the ailing housing-finance giant had already consumed $51 billion of government money to stay afloat. It's likely to need even more. Freddie's federal…