Minggu, 13 Juli 2008

Will $15 Billion be Injected into Fan/Fred Before Market Opens on Monday?

After a week of near panic among shareholders, the next big test for the GSEs comes Monday when Freddie Mac is due to sell $3 billion of short-term debt. An unsuccessful sale could be a major blow to investor confidence.As the crisis worsens for mortgage giants Fannie Mae and Freddie Mac, Treasury Secretary Henry Paulson is insisting that any potential government rescue plan not benefit the

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