Political Quotes

MICHAEL GRIMM: The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.

On the recordJuly 23, 2012
The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.
Said by
MICHAEL GRIMM
New York

Editor's note · Context

Grimm draws a comparison between past subprime loans and current lending practices to highlight potential risks.

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