July 16, 2008
InBev Buys Fannie Mae, Freddie Mac
“Fannie Mae and Freddie Mac have endured troubled times lately,” said InBev CEO Carlos Brito, “but that will change now that they have joined our corporate family. A little tweaking, some layoffs — there is no limit to what we can achieve together.”
“We often make our expansion decisions based on brand equity,” Mr. Brito added. “However, in this particular case the first thing we will do is change those incredibly stupid company names.”
Tags: A Rod, alex rodriguez, Annheuser Busch, Belgium, Ben Bernanke, Carlos Brito, Chris Ciccone, depression, Fannie Mae, FDIC, Federal Reserve, Freddie Mac, housing market, InBev, IndyMac, john mccain, Jose Canseco, Leuven, Madonna, Mortgage Crisis, Offshore drilling, President Bush, the economy
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