Nothing to See Here, Move Along …

Cite this Article
Joshua D. Wright, Nothing to See Here, Move Along …, Truth on the Market (September 18, 2008),

You’ve got questions about Freddie Mac? They’ve got answers. Here’s my favorite:

Does Freddie Mac pose financial risk to American taxpayers?

No. Many independent, formal studies – conducted by government agencies and private rating agencies – confirm that Freddie Mac is adequately capitalized and manages its business risks well. Freddie Mac’s obligations and securities do not constitute government debt and are not guaranteed by the Federal government.

Well, I guess that answers that.