Tuesday, September 16, 2008

Fannie Mae and Freddie Mac

I love the moment in my morning when the financial report comes on the radio, and they talk about Fannie Mae and Freddie Mac, principal players in America’s ‘subprime crisis’.

I keep imagining what they'd be like if they were actually people. In my head they are 1950s cartoon characters, with technicolour skin tones and massive unrealistic grins.

Ala this picture.

2 comments:

Bonnie said...

I found it hard to believe people could trust a company called Fanny Mae or Freddie Mac enough to take out a mortgage with them!

Sounds like someone in a retirement home is managing your finances.

soph said...

Too true. In its defence the company has a real name, this is just its nick name..