Richardson Sees `Irony’ in Fannie, Freddie Cut by S&P

Posted by admin on August 11, 2011 Leave a comment (1) Go to comments

Aug. 8 (Bloomberg) — Bloomberg Government analyst Nela Richardson talks about Standard & Poor’s downgrade of the credit ratings for Fannie Mae and Freddie Mac to AA+ from AAA and the impact on mortgage rates.
Richardson speaks with Lisa Murphy on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)

Duration : 0:4:0

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1 Comments.

iknownothingnow August 11, 2011 at 11:44 pm

Yes indeed. …
Yes indeed. Uncertainty is spreading because what is certain is that this debt is unsustainable.