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US spells out Fannie-Freddie backstop plan (AP)

Started by riky, July 14, 2008, 12:42:19 AM

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riky

US spells out Fannie-Freddie backstop plan
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - The Federal Reserve and the U.S. Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival.</p><br clear="all"/>


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