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Sunday, 09/07/2008 11:37:07 AM

Sunday, September 07, 2008 11:37:07 AM

Post# of 72830
US govt takes over Fannie Mae, Freddie Mac
US govt takes over Fannie Mae, Freddie Mac



http://www.afp.com/english/news/stories/newsmlmmd.4b08ee243bdfbfcbe7d46666465c34
1.1061.html

WASHINGTON (AFP) - The US government took control of mortgage giants Fannie Mae
nd Freddie Mac on Sunday, placing them in a government "conservatorship" to help
the financial system recover from massive housing losses, officials said.

*** end of story ***

"i'm just a happyidiot,struggling for that legal tender" jackson brown>

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