FannieFreddie Bailout Could Cost Taxpayers 1 Trillion

For American taxpayers, now on the hook for some $145 billion in housing losses connected to Fannie Mae and Freddie Mac loans, that amount could be just the tip of the iceberg.

Source:
http://www.cnbc.com/id/37982580

Obamas role in Fannie Mae Freddie Mac collapse

In The Wall Street Journal, Peter Wallison notes that taxpayers are on the hook for about $400 billion, partly because then Sen.

Barack Obama helped to block reform of Fannie Mae and Freddie Mac.

Source:
http://online.wsj.com/article/SB10001424052748704671904575193910683111250.html?mod=rss_opinion_main