[quote=Diego Mamani]I think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).[/quote]
There is “nationalized” and then there “Bear Stearns way”, when taxpayers pay the bills but somebody else owns what’s left of the beat company.
