government

• Government Plans Seizure of Fannie and Freddie - NYTimes.com
  srainier
  2 days ago
  

  Uh oh.

  Quoted: Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage-finance giants, that the government is preparing a plan to seize the two companies and place them in a conservatorship, officials and company executives briefed on the discussions said.

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