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Pressure Mounts for a Freddie, Fannie Bailout

Investors want Treasury to take the lead on mortgage giants sooner rather than later

By Jim O'Neill, Newser User

Posted Aug 20, 2008 9:40 AM CDT

(Newser) – A federal bailout for Fannie Mae and Freddie Mac looks more likely every day, both the Wall Street Journal and the New York Times report, as the mortgage giants find it increasingly difficult to borrow and their stock continues to take a pounding. Freddie was... Read full story »

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Pressure Mounts for a Freddie, Fannie Bailout

Investors want Treasury to take the lead on mortgage giants sooner rather than later

Henry Paulson • Freddie Mac • Fannie Mae • mortgage rates • housing crisis • bailout • financial crisis

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Paulson Outlines His 'Bold' Bailout

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Situation more dire than accounting revealed, probers found

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