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Reuters: Government mulls Fannie Mae, Freddie Mac takeover: report

Started by chris, July 11, 2008, 02:41:06 PM

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chris

Government mulls Fannie Mae, Freddie Mac takeover: report
      


HONG KONG (Reuters) - The U.S. government is considering taking over Fannie Mae and Freddie Mac if their funding problems worsen, the New York Times said on Friday, causing shares of the mortgage finance companies to plunge.
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