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Subject:  Re: Is your 401(k) Inadequate For Retirement Date:  8/4/2008  2:54 PM
Author:  putnid Number:  13802 of 20018

Ah, I see that we've now turned our attention from the CRA to Fannie Mae and Freddy Mac. You do realize, DON'T YOU, that both corporations are stockholder-owned, for profit, Fortune 500 enterprises (with a twist)!?!

Sadly, Fannie Mae and Freddie Mac are the only two Fortune 500 companies that are not required to inform the public about any financial difficulties that they may be having. Yes, given their genesis, Fannie and Freddie got all sorts of SWEET guarantees. Their profits remain privatized, but their losses are potentially socialized. In the event that there was some sort of financial collapse within either of these companies, U.S. taxpayers could potentially be held responsible for hundreds o