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U.S. seizes Fannie, Freddie, aims to calm market

 
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PostPosted: Mon Sep 08, 2008 8:26 am    Post subject: U.S. seizes Fannie, Freddie, aims to calm market Reply with quote

WASHINGTON (Reuters) - The government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, launching what could be its biggest bailout ever to support the U.S. housing market and ward off more global financial market turbulence.
<p><a href="http://feeds.reuters.com/~a/reuters/topNews?a=eNstMT"><img src="http://feeds.reuters.com/~a/reuters/topNews?i=eNstMT" border="0"></img></a></p><div class="feedflare">
<a href="http://feeds.reuters.com/~f/reuters/topNews?a=GrqAL"><img src="http://feeds.reuters.com/~f/reuters/topNews?i=GrqAL" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=6uGMl"><img src="http://feeds.reuters.com/~f/reuters/topNews?i=6uGMl" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=EAaOl"><img src="http://feeds.reuters.com/~f/reuters/topNews?i=EAaOl" border="0"></img></a>
</div><img src="http://feeds.reuters.com/~r/reuters/topNews/~4/386205203" height="1" width="1"/>

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