Oh well…..Taxpayers get screwed again.

A salute to the management of Fannie and Freddie and the regulators. incompetent boobs.

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

U.S. Nears Rescue Plan For Fannie And Freddie
Deal Said to Involve Change of Leadership, Infusions of Capital