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Reuters: Fannie, Freddie need restructuring to limit risks: IMF

Started by chris, September 10, 2008, 06:00:28 PM

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chris

Fannie, Freddie need restructuring to limit risks: IMF
      


FRANKFURT (Reuters) - The U.S. government's move to take control of Fannie Mae and Freddie Mac will help shore up the housing market, the banking system and the wider economy, a senior International Monetary Fund official said on Tuesday.
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