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Reuters: Government considers Fannie, Freddie takeover: report

Started by chris, July 11, 2008, 12:41:31 PM

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chris

Government  considers Fannie, Freddie takeover: report
      


HONG KONG (Reuters) - The U.S. government is considering taking over mortgage finance companies Fannie Mae and Freddie Mac if their funding problems worsen, in a plan that could leave shareholders nothing, the New York Times reported, citing people briefed on the matter.
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