Fannie May and Freddie Mac Struggling

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The two mortgage lenders at the heart of America's system of housing finance may need a government bailout. Shares in Fannie Mae and Freddie Mac today dropped to their lowest prices in 17 years. Michael Mandel is chief economist for BusinessWeek magazine.

Credits

Guest:
Michael Mandel - Editor in Chief, Visible Economy

Host:
Warren Olney

Producers:
Dan Konecky, Katie Cooper, Christian Bordal