Monday, July 14, 2008

Rescue of Fannie, Freddie calms markets for now - Yahoo! News

Rescue of Fannie, Freddie calms markets for now - Yahoo! News: "Rescue of Fannie, Freddie calms markets for now By Eric Burroughs and Umesh Desai
36 minutes ago

TOKYO/HONG KONG (Reuters) - A U.S. government plan to rescue mortgage finance firms Fannie Mae (FNM.N) and Freddie Mac (FRE.N) helped calm markets on Monday but did little to allay fears about the health of the U.S. financial system."

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