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Don't Mention the War -- By: Iain Murray external link

National Review Online Blogs | by webmaster@nationalreview.com (Iain Murray) | Wed, Jan 13

As the Commission’s own appointee Peter Wallison recently wrote in the Wall Street Journal, “By the end of 2008, Fannie and Freddie held or guaranteed approximately 10 million subprime and Alt-A mortgages and mortgage-backed securities (MBS)-risky loans with a total principal bala...

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