From the NYT: A Mortgage Rescue Strains Calculations
The budget office said the chances were better than even that a rescue would not be needed before the end of 2009 and would not cost any money. But the office also said there was a 5 percent chance that the mortgage giants, Fannie Mae and Freddie Mac, could lose $100 billion.
Am I the only person whose head hurts thinking about this number?
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