Detailed text transcripts for TV channel - MSNBC - 20100810:11:12:00
It was outrageous that you'd have financial reform. >> without fannie and freddie. >> and you wouldn't touch fannie mae and freddie mac. >> this is what cost us more money than anything else. we're closing out on $150 billion. i know that was $60 billion. these two companies are supporting frankly virtually the entire mortgage market at the moment, which means that we're supporting them, so, you can't let them go completely at this point, they're kind of holding us hostage which is sort of the problem. but we need to find a way around this. we need to get out of this. we need to split these gu...