Warren Buffett: save "Fannie and Freddie," may take hundreds of billions of.

Investment guru Warren Buffett recently said that if the U.S. real estate market continues to deteriorate, the U.S. government intervention in aid "Fannie and Freddie" (Fannie Mae and Freddie Mac) will lose up to several billion dollars. .<P> (Http://finance.) Warren Buffett said the U.S. government to save the result of establishing another good or bad, depending on the U.S. real estate market. .If house prices fall further 15% to 20%, the U.S. government could lose several billion dollars. .On the other hand if the U.S. housing market has been close to the bottom, the loss may be relatively small. .When asked whether the U.S. housing market or the stock market has reached a turning point, Buffett has not be sure. .</ P> <P> by the loss of not just the U.S. government. .Citigroup credit analyst recently said that Fannie and Freddie's credit default swaps (CDS) fear of the insurance and banking Peidiao 25 billion U.S. dollars, because the two bodies taken over by the U.S. government may not be paid in full CDS. .The analysts believe that Fannie and Freddie's outstanding CDS up to 5,000 billion U.S. dollars, investors can only get back 95%. .</ P> <P> taken over by the government, Fannie and Freddie debt has become the darling of investors. .Fannie Mae issued Wednesday, the value of $ 7,000,000,000-year bonds by the blitz. .This was the largest single batch of senior debt issuance transactions, subscriber, U.S. investors accounted for 63%, Asian investors accounted for 12%. .</ P>.