Replies to post #4665 on Freddie Mac-No Politics (FMCC)

[ShootinBlanks]

I personally do not feel it will have any effect...it shouldn't anyway. There is a lot of corruption in these large companies and our government is right in the middle of it in most cases. These companies didn't fail on doing business the "right" way and most people are aware of this. Hopefully the investigations (which will take years or decades) leads to many people spending time in a cell including members of our government.

[currentplay]

Will not have any effect since there was a Federal takeover of Fannie Mae and Freddie Mac imo

Treasury chief Paulson unveils historic government takeover of twin mortgage buyers. Top executives are out.

http://money.cnn.com/2008/09/07/news/companies/fannie_freddie/

Top executives are out thus the investigation against them

[jermart]

Are you people blind what time did that news come out and how much did it go up after the news. Everyone had there fingers in this most things were probaly illegal. that why it went fron 70 to .25.

[Cable Dawg Crew]

the federal government will not let fre fail....do not worry about the so called fbi probe. Come on guys, do u really think the FBI going to tear this up.. The feds are running things now and why not let the FBI have a look into their newly aquired outfit, RIGHT?