seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Thursday, October 21, 2010

Government run Fannie and Freddie bailout could nearly double in size

FANNIE, FREDDIE bailout could double

Gardner Doesn't Sees Fannie, Freddie Overhaul Until 2013: Video

Oct. 18 (Bloomberg) -- Brian Gardner, senior vice president for Washington research at Keefe Bruyette & Woods Inc., talks about implications of a Republican-controlled Congress and the prospects for overhauling Fannie Mae and Freddie Mac. Gardner speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)

By Zachary A. Goldfarb

Washington Post Staff Writer
Thursday, October 21, 2010; 1:53 PM

The federal bailout for Fannie Mae and Freddie Mac could nearly double in size during the next three years, according to projections from the companies' federal regulator.

Fannie and Freddie, the federally controlled mortgage finance giants, will need as much as $215 billion more from taxpayers in the next three years

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