economy markets real estate region north america

A look at the bailout of Fannie and Freddie

By John Hockenberry, Corey Takahashi, Jesse Baker

Monday, September 8 2008

What seemed unlikely has happened: On Sunday, the Bush Administration took control of mortgage heavyweights Fannie Mae and Freddie Mac in an effort to stabilize the housing market and U.S. economy.

Guest: Stephen Labaton, The New York Times
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