Straight Story: Fannie, Freddie and feds
Economics editor says Fannie Mae and Freddie Mac are on the road to nationalization, and their stockholders are going to pay the price.
Economics editor Chris Farrell (American Public Media)
More on Straight Story
Comments
Comment | Refresh
From Kalamazoo, MI, 07/19/2008
I'm looking at all this Fannie and Freddie and banking mess and wonder if my two annuities are safe? I am retired and will grow more dependent on these. Both of the variable annuities from very large companies but I had no choose since my employer contributed to and I received one as a beneficiary. I know banks have 100k insurance and brokerages and insurance companies don't. Hence my concern, are these annuities hinged on whether my holders go under or are they deversified in the market? Thanks.
From Winchester, VA, 07/19/2008
Any chance that Chris is the Chris Farrell who once lived on Aberdeen Ct in Fairfax, Virginia. If so, drop me a line.
Post a Comment: Please be civil, brief and relevant.
Email addresses are never displayed, but they are required to confirm your comments. All comments are moderated. Marketplace reserves the right to edit any comments on this site and to read them on the air if they are extra-interesting. Please read the Comment Guidelines before posting.
You must be 13 or over to submit information to American Public Media. The information entered into this form will not be used to send unsolicited email and will not be sold to a third party. For more information see Terms and Conditions and Privacy Policy.