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US mortgage giants taken under government control US mortgage giants taken under government control
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Old 09-08-2008, 06:26 PM
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Join Date: Sep 2007
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Post US mortgage giants taken under government control
The US government’s decision to take control of America’s two mortgage giants, Fannie Mae and Freddie Mac, will have long-reaching effects on the world’s economy. Investors anticipate that the largest bail-out in US history will prop up the country’s housing market and ultimately help to end the credit crunch.Fannie Mae and Freddie Mac are [...]

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