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RD Today => All the News => Business News => Topic started by: riky on July 14, 2008, 09:43:02 AM

Title: Rescue of Fannie, Freddie calms markets for now (Reuters)
Post by: riky on July 14, 2008, 09:43:02 AM
Rescue of Fannie, Freddie calms markets for now
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080714/2008_07_14t023742_450x330_us_fannie_freddie.jpg?x=130&y=95&q=85&sig=fUJ_TGvO_BM5qVJJxc1_ng--" align="left" height="95" width="130" alt="Secretary of the Treasury Henry Paulson announces that the Treasury Department and Federal Reserve will lend money and buy stocks if necessary to aid embattled mortgage lenders Fannie Mae and Freddie Mac during a statement to the media at the Treasury Building in Washington, July 13, 2008. (Joshua Roberts/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080714/bs_nm/fannie_freddie_dc)Reuters - A U.S government plan to shore up
mortgage finance firms Fannie Mae  and Freddie Mac
 helped calm markets on Monday but did little to allay
fears about the health of the U.S. financial system.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080714/bs_nm/fannie_freddie_dc