Taxpayers may pay legal bills for mortgage execs (AP)

Filed Under (Personal Finance) by on 06-11-2008

In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. When the U.S. government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than bad debts. They're also potentially on the hook for tens of millions of dollars in legal fees for the executives at the center of the housing market's collapse.    (AP Photo/Pablo Martinez Monsivais, File)AP - When the government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They're also potentially on the hook for tens of millions of dollars in legal fees for the executives at the center of the housing market's collapse.

--- AP ...

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