The World

Real-world implications of bailing out Fannie and Freddie

Treasury Secretary Henry Paulson described mortgage lenders Fannie Mae and Freddie Mac as ‘interwoven into our financial system.’ The government’s takeover of the two giants will have very real effects on mortgage holders, mortgage seekers, and taxpayers. Guest: Ron Lieber, reporter for the New York Times

Global Politics

Treasury Secretary Henry Paulson described mortgage lenders Fannie Mae and Freddie Mac as ?interwoven into our financial system.? The government’s takeover of the two giants will have very real effects on mortgage holders, mortgage seekers, and taxpayers. Guest: Ron Lieber, reporter for the New York Times