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GS/BAC settlements further vindicate Fannie and Freddie

Value Walk, By Tim Howard 

The news last week regarding the Goldman Sachs Group (NYSE:GS) and Bank of America Corp (NYSE:BAC) securities fraud settlements sheds even more light on the fraudulent practices that were utilized in dumping billions of dollars of toxic MBS onto Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)

Read full article: GS/BAC settlements further vindicate Fannie and Freddie