Beleg: You have hit the nail squarely on the head. As we speak Congress is pushing through a bill which will, for the first time in history, legislate that tax payer money will be infused into Fannie Mae and Freddie Mac to build up their capital reserve. This is pure socialism because the money is coming directly from the people as opposed to captial investors. They can't get enough captial investors interested because the risk is too great. And they know that. At the same time, since both institutions are structured as corporate entities, with CEOs and market capitalization, the corporate leeches are making off with the money. The current CEOs should be fired and prosecuted for criminal malfesence. So, yes, this is a clear case of the profits going to the corporate executives and privatized as their personal wealth, while the losses are placed squarely on the backs of the middle class taxpayer. This is the worst of socialism and captialism. Worst yet, it is just plain criminal.