U.S. mortgage giants open to rescue plan, but cost is unknown - International Herald Tribune

Story date: 2008-09-06 09:27:00
Added on: 2008-09-06 22:36:13

WASHINGTON : Fannie Mae and Freddie Mac agreed Saturday afternoon to the Bush administration's plan to rescue them, people briefed on the plan said. Under the plan, the Treasury Department will buy billions of dollars in new mortgage securities ...


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