McCain: We Can’t Let Fannie and Freddie Fail

The Arizonan says at a Livonia, Michigan diner that the U.S. should intervene if the government-sponsored mortgage finance giants run into serious finance trouble. Read pool report of the stop here. WashPost: Both companies' stocks plummit for the third day Thursday amid talk the two firms are facing more troubles. Obama adviser Furman weighs in: "The challenges facing Fannie and Freddie are part of the broader weakness in our economy."