Quote:
Originally Posted by Chuck33079
Please tell me none of you guys are still in Fannie and Freddie at this point.
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I have some 4400 shares and took a hit the past 2 days because of the bipartisan bill to break Fannie & Freddie and replace with a private entity that would eat the losses in a 5 year time frame. I am fine holding the shares and taking a gamble on it (though I would prefer not losing any money).
There seems to be some challenge building against breaking up Fannie & Freddie as they are starting to generate serious profits + seeing the way Congress works, those guys can't get anything done so a lot can happen for the best or for the worst. We'll see.