Fannie & Freddie Update

Excerpt for an article I came across today:

Posted on: August 19, 2008

Adam Brown
While on vacation this previous week, I had the opportunity to take a hike with a current employee of Freddie Mac. As much as I could tell she wasn’t looking to have a conversation about work in the middle of Vermont’s green mountains, I could not help but push the subject. As we chatted, she filled me in on some of the details of the past few months. While she didn’t cover much I did not already know, one thing did surprise me. Finishing our conversation, the woman looked at me and said, “I’m not sure I’m going to have a job in six months.” She then continued up the mountain unperturbed, as if the information was nothing new to her. I was left to ponder this incident for the remainder of my vacation only to return home on Monday and see Fannie and Freddie back in the headlines.

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