Treasury Acts to Shore Up Fannie Mae and Freddie Mac
July 14th, 2008 by
The announcement of a plan to inject billions of dollars in loans and investments was intended to show 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