Fannie, Freddie 'Catastrophe' Began In 1991

from National Public Radio

It's been more than three years since the government bailed out mortgage giants Fannie Mae and Freddie Mac. Gretchen Morgenson, of The New York Times, has co-authored a book about Fannie and Freddie called Reckless Endangerment. Morgenson talks to Linda Wertheimer about the taxpayer-owned entities.

Broadcast Dates

• Morning Edition, December 28, 2011