Charas-Project
Off-Topic => All of all! => Topic started by: lonewolf on July 15, 2008, 11:12:38 PM
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WASHINGTON (Reuters) - Fannie and Freddie said on Friday that their finances were sufficiently not sound to withstand the housing government officialsscrambled to restore
bailout of Fannie and Freddie was unlikely despite financial market concerns that the agencies, which finance nearly half of U.S. homes, may have trouble raising enough money to keep buying mortgages.
directly from the central bank, that Fannie and Freddie shares, after taking a beating,by the bank recovered some of their earlier losses
the Connecticut Democrat who chairs the Senate Banking Committee, said he spoke with Fannie and Freddie after taking the beating said they looking at various options, including opening access to the window, through Fannie and Freddie jumped at this opened window
Investors were worried that the mortgage agencies might run short of capital, that Fannie and Freddie has got back some of the money
we're getting."Story's about Fannie and Freddie were stoked by a report in The New York Times on Friday saying a plan to put the two companies out the window
-- thought to have asked the government backing if their problems worsened,they give them the money they
need. citing sources was briefed about the plan.
They did not jump out of the open window
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What
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Best first two posts ever.