Real-world implications of bailing out Fannie and Freddie

The World

Treasury Secretary Henry Paulson described mortgage lenders Fannie Mae and Freddie Mac as ?interwoven into our financial system.? The government’s takeover of the two giants will have very real effects on mortgage holders, mortgage seekers, and taxpayers. Guest: Ron Lieber, reporter for the New York Times

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.