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Reuters: Obama cautious on steps to help Freddie/Fannie

Started by counter, July 13, 2008, 08:41:07 AM

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Obama cautious on steps to help Freddie/Fannie
      


SAN DIEGO (Reuters) - Democratic White House hopeful Barack Obama said on Saturday he was confident "prudent steps" by the U.S. government would stabilize mortgage giants Fannie Mae and Freddie Mac but that it was necessary to see how the situation developed before deciding on what steps to take.
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