Losing Record Amounts of Money

Fannie ($11.5B) and Freddie ($8B loss). Remember them? That’s how much they lost in the first quarter.

Apparently, they can’t seem to make money anymore. Why are they still operating?

And by the way, where’s Barney Frank in this episode?

Like Tim Cavanaugh of Reason.com says – We can’t go on like this. Infuriating.