Wednesday, Aug 20, 2008
Central banks' sentiment will be more important than USA Treasury manipulations
Reuters: Fannie and Freddie face overseas confidence crisis
An extraordinary Treasury capital infusion may be needed to restore faltering foreign demand for debt issued by Fannie Mae and Freddie Mac, the two top home funding sources that the government is willing to rescue to save the housing market.
Posted by whostolemyendowment @ 09:45 AM (204 views) Add Comment
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