behemoth Fannie and Freddie

Intrigued by the interview of the author, Bethany McLean, in Charlie Rose program, I bought the kindle version of the book about the saga of Fannie Mae and Freddie Mac. During the 2008 Great Recession, nine days before the collapse of Lehman Brothers, U.S. government injected $200B (yes, B not M) to both Fannie and Freddie mortgage insurance companies to try to stanch the debacle of subprime crisis. Seven years after, all other companies under government's bailout such as AIG, CitiBank, GM and Goldman Sachs are all back to sound financial footing except for Fannie and Freddie. Reason: US government totally controls Fannie and Freddie, takes all the profits and does not allow any profit left to build the capital of either Fannie or Freddie. Next housing market crisis will likely repeat the saga and plunge Fannie and Freddie into the abyss and ripple through all the mortgage market.   http://www.amazon.com/Shaky-Ground-Strange-Mortgage-Giants-ebook/dp/B0110IBKHM/ref=sr_1_1?s=books&ie=UTF8&qid=1442631104&sr=1-1&keywords=saga+fannie