Treasury Acts to Save Mortgage Giants
July 14th, 2008 by
Announcement of the plan to inject billions of dollars through investments and loans was intended to show that the government would stand behind the beleaguered companies.
Posted in Frank, Barney, Freddie Mac|FRE|NYSE, Paulson, Henry M Jr, Government Bonds, Schumer, Charles E, Treasury Department, Fannie Mae|FNM|NYSE, Wall Street (NYC), United States Economy, Washington (DC), Housing, Mortgages, Stocks and Bonds, Bush, George W