Point out Jim Johnson, one of Obama’s VP vetters was CEO of Fannie when they were lending money recklessly. She was absolutely correct in pointing out both are too expensive to taxpayers, as now the taxpayers are on the hook for a possible 5.3 TRILLION in mortgages that Fannie and Freddie hold. The wonderful banks dumped the worst mortgages on Fannie and Freddie before this happend, so total losses to the taxpayers could be in excess of $200 BILLION. If that is not too expensive, I don’t know what is.
Don't forget about Jamie Gorelick and Franklin Raines.