Why Did Some Criticize the Lobbyist-Backed Fannie Mae and Freddie

question 25

Multiple Choice

Why did some criticize the lobbyist-backed Fannie Mae and Freddie Mac bailouts?

• A)The bailout prevented each from keeping profits private.
• B)The bailout allowed only Fannie Mae to keep profits private but pass on the risk to taxpayers.
• C)The bailout allowed each to keep profits private but pass on the risk to taxpayers.
• D)The bailout prevented each from keeping profits private, but some risk was still passed on to taxpayers.

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