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Goldman Deal May Bail Out Fannie Mae

But letting superbank load up on tax credits could be politically toxic

By Kevin Spak, Newser Staff

Posted Nov 2, 2009 9:12 AM CST

(Newser) – Goldman Sachs wants to buy millions in otherwise virtually worthless tax credits from Fannie Mae, but the mega-bank is so politically toxic right now that the Obama administration is considering blocking the deal, the Wall Street Journal reports. “Treasury is reviewing and will not... Read full story »

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Goldman Deal May Bail Out Fannie Mae

But letting superbank load up on tax credits could be politically toxic

Goldman Sachs • Fannie Mae • Treasury Department • tax credit • bailout

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