What are Fannie Mae and Freddie Mac?
	What do they do?
	Why were they created?
	So they are owned by the government?
	What problems do they currently face?
	What happens in a government bailout?
	What has the Federal Reserve done to help Fannie and Freddie?
	Can they fail?
	How do Fannie and Freddie's current problems affect
	What will the housing bill do?

No. Both Fannie (FNM/NYSE) and Freddie (FRE/NYSE) are now publicly owned and their stock is traded on the open market.