Priority is to prevent crisis of liquidity - Financial Times
Story date: 2008-07-14 08:29:00
Added on: 2008-07-14 22:28:41
To resolve the crisis at Fannie Mae and Freddie Mac policymakers need to address three issues in sequence: liquidity, capital and structure. Sunday’s announcements by the US Treasury and the Federal Reserve tackle the first issue head on, lay the ...
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