$FNM

"You Underestimate My Sneakiness"

Christmas F Words: Family, Friends, Fezziwig, Fireplace, Fa La La, Frosty the Snowman, etc. This year, we got two more: Fannie and Freddie, the GSE’s that caught an unlimited bailout surprise this Christmas while no one was looking (or approving).  Geithner has authorized the removal of the $400 billion cap in terms of Treasury support…