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Fannie, Freddie insolvent, Poole tells Bloomberg (Reuters)

Started by riky, July 10, 2008, 03:42:41 PM

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riky

Fannie, Freddie insolvent, Poole tells Bloomberg
    (Reuters)

 


Reuters - Mortgage lenders Fannie Mae  and Freddie
Mac  are "insolvent" and may need a U.S. government
bailout, former St. Louis Federal Reserve President William
Poole was quoted as saying in an interview with Bloomberg.


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