Tuesday, 15 July 2008

Fannie and Freddie

A fun image done to try out my new wacom (cheep one, nothing fancy!) based on this guardian article;

"You might not have heard of them before last week, but Fannie and Freddie are among the oldest couples in American finance. Fannie Mae is the institution set up by Roosevelt to revive the Depression-era housing market (that name is a riff on the old title: Federal National Mortgage Association). Freddie Mac (again, the original name is more prosaic: Federal Home Loan Mortgage Corporation) was set up after Fannie was privatised in 1968, to provide some competition."