A last-minute tweak to the financial reform bill could put the banking system on the hook for...

|By:, SA News Editor

A last-minute tweak to the financial reform bill could put the banking system on the hook for the wind-down of Fannie Mae (FNM) and Freddie Mac (FRE), Politico reports. Fannie and Freddie are literally penciled in as falling under the definition of "financial company," meaning they could be resolved by the orderly liquidation process.