Quotes of the Day

plummet of Fannie Mae and Freddie Mac share
Friday, Sep. 02, 2011

Open quoteWe risk pushing these guys off of a cliff and we're going to have to bail out the banks again. Close quote

  • TIM ROOD,
  • who worked at Fannie Mae, on the federal agency that oversees Fannie Mae and Freddie Mac set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities at the height of the housing bubble
Photo: Jason Reed / Reuters | Source: NYT