Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt? - CSMonitor.com
The Obama administration turned its focus squarely on a $5 trillion question Tuesday: What to do with Fannie Mae and Freddie Mac, the giant financiers of US home mortgages that fell into a bankruptcy-style conservatorship two years ago.
You thought that "bailout" that you thought was such a good idea was the end of it, right? Nope. Do you even know what these two entities do, and if they are necessary?