Fannie Mae needs another $15 billion to cover losses due to loaning money to people who couldn’t afford to pay it back — and that’s just from this last quarter.
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It ain’t over yet.
The Dukes of Moral Hazard
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Fannie Mae needs another $15 billion to cover losses due to loaning money to people who couldn’t afford to pay it back — and that’s just from this last quarter.
It ain’t over yet.
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