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 Joined: 6/28/2007(UTC)
Posts: 3,537
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Quote:Breaking News: U.S. Treasury Secretary Henry Paulson announces government to take control of troubled mortgage giants Fannie Mae and Freddie MacHistoric move would place twin mortgage buyers into the hands of new regulator. Top executives are out. NEW YORK (CNNMoney.com) -- Federal officials unveiled an extraordinary takeover on Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, signaling the most dramatic move to date aimed at shoring up the nation's housing market... read on |
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