Rough justice catches up with Fannie and Freddie - Independent

Story date: 2008-07-14 11:21:00
Added on: 2008-07-14 23:58:45

Treasury secretary Henry Paulson said the US Treasury Department and Federal Reserve would lend money "if necessary" to embattled Fannie Mae and Freddie Mac No amount of jawboning will disguise the basic problem that the massive losses in US mortgage ...


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