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Revision History For: Freddie Mac (FRE) pops the housing bubble

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They say the US can't have a real estate collapse like Japan did, because our banks aren't as corrupt as theirs were..

But wait! - over half the home mortgages in the US are bought by only two companies!

And it gets better- the board of one of those companies just fired most of the executive staff for interfering with an internal audit of company finances!

Can you say Savings & Loan fiasco x 1000 ?