Huge, Stupid, and Probably Fatal
July 09, 2008 at 09:19 AM EDT
Americans came back from their Independence Day holiday…and found their Empire of Debt in worse shape than ever - $1.6 trillion in potential losses from the credit crunch! Freddie Mac ( NYSE:FRE ) and Fannie Mae ( NYSE:FNM ) are to America’s great empire what the East…
