Daily news and opinion from le Chat Marchet
September 8th, 2008 at 8:47 am

US government takes on big role in mortgage market (AP)

Posted in: le Chat Marchet

Treasury Secretary Henry Paulson, Jr. speaks during a news conference in Washington, Sunday, Sept. 7, 2008 on the bailout of mortgage giants Fannie Mae and Freddie Mac. (AP Photo/Susan Walsh)AP - Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market.


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