Feds Poised for Takeover of Fannie Mae, Freddie Mac

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onepence~2
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Feds Poised for Takeover of Fannie Mae, Freddie Mac

Postby onepence~2 » Sun Sep 07, 2008 4:43 pm

Feds Poised for Takeover of Fannie Mae, Freddie Mac

http://www.foxnews.com/story/0,2933,417881,00.html

The Treasury Department is putting the finishing touches to a plan designed to shore up Fannie Mae and Freddie Mac, people familiar with the matter told the Wall Street Journal, a move that would essentially amount to a government takeover of the mortgage giants.

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