mortgage market because goldman sachs and meryl lynch and everybody else was instruments, and@the ial unregulationlowed them to go the crowd but they did t lead the way. abo-t 3 cents apiece, for@each is -- diminished vadew. re now >> then they were taken by the federal government. congress said they uld face $25 billion with sses. i y they will face $500 biion. already banks are paying back their money. >> zero. of investment? >> $hat's ght. >> 50 billion banks to far lost to taxpayers, loss to taxpayers, $150 billion. it willbe more. obama administration wants to windit down. republicans want to wind it down it's all a matter of pacing. itwill be wound down. because @@there souch inventory in e market that can't and won't clear. yore not going to clear fannie and freddie til you clear the market. and the market won'tclear for five to 10 years. >> they're priding er 90% of the mortgages@in america. they're the only institution willg to anecome whatyou they did was@they lost a fortune in terms of long-term -- >> because they were gse, government spoored entity, that had the implied backing of the