Gregarius » CNNMoney.com Recently Published/Updated » U.S. seizes Fannie and Freddie

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CNNMoney.com Recently Published/Updated

• 

  U.S. seizes Fannie and Freddie

  Posted: September 8th, 2008, 12:34am CEST

  Federal officials on Sunday unveiled an extraordinary takeover of Fannie Mae and Freddie Mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.