Comments on: McCain Incorrectly Calls Fannie Mae and Freddie Mac ‘The Catalyst For This Housing Crisis’

Comments on: McCain Incorrectly Calls Fannie Mae and Freddie Mac ‘The Catalyst For This Housing Crisis’ http://wonkroom.thinkprogress.org/2008/10/16/fannie-freddie-correction/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: stateofthedivision http://wonkroom.thinkprogress.org/2008/10/16/fannie-freddie-correction/comment-page-1/#comment-2688 stateofthedivision Thu, 16 Oct 2008 20:01:50 +0000 http://wonkroom.thinkprogress.org/2008/10/16/fannie-freddie-correction/#comment-2688 Relative size of markets: $13 trillion mortgage market in U.S., only a portion of which is bad. $60 trillion credit derivative market in U.S., Lehman's failure triggered a domino effect in this sector. Relative size of markets:

$13 trillion mortgage market in U.S., only a portion of which is bad.

$60 trillion credit derivative market in U.S., Lehman’s failure triggered a domino effect in this sector.

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