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Bush defends mortgage firms move

channel4.com
07-Sep-2008
        
Story Timeline:  75 days

Last Modified: 07 Sep 2008 Source: PA News President George W Bush has said that the historic federal government takeover of mortgage giants Fannie Mae and Freddie Mac is needed to keep them from failing. He called the risk of the financial institutions failing "unacceptable" for an economy battered by housing and credit... [read full story]                    

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Latest article on this story:

Mortgage takeover will help S.D. a bit

 signonsandiego.com 10-Sep-2008
First article on this story:

Bush says takeover of mortgage giants necessary because of unacceptable risk

 journalpioneer.com 07-Sep-2008
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Analysis: US takeover of mortgage giants could aid housing market but add risks for taxpayers

canadianbusiness.com
08-Sep-2008
        

WASHINGTON (AP) - President Bush's "ownership society" was never supposed to come to this. With the government takeover of Fannie Mae and Freddie Mac, U.S. taxpayers now essentially own the bulk of the nation's mortgage...

                   

Wall St surges on mortgage takeover

news.com.au
08-Sep-2008
        

Article from: Agence France-Presse From correspondents in New York WALL Street shares surged overnight as investors hoped the government's takeover of struggling mortgage finance giants Fannie Mae and Freddie Mac would...

                   

News Analysis: Will U.S. takeover of mortgage giants work?

people.com.cn
08-Sep-2008
        

The U.S. government announced Sunday a historical plan to take over the countries' two mortgage giants Fannie Mae and Freddie Mac. This is the third time and also the biggest step this year that the U.S. authorities have...

White House defends takeover of US mortgage giants

jpost.com
08-Sep-2008
        

The White House said Tuesday that the giant federal takeover of troubled US mortgage giants Fannie Mae and Freddie Mac could have been prevented if Congress had acted on its recommendations. "It is exactly the kind of...

                   

News Analysis: Will U.S. takeover of mortgage giants work?

xinhuanet.com
08-Sep-2008
        

WASHINGTON, Sept. 7 (Xinhua) -- The U.S. government announced Sunday a historical plan to take over the countries' two mortgage giants Fannie Mae and Freddie Mac. This is the third time and also the biggest step this year...

                   

Relief as US bails out mortgage giants

itn.co.uk
08-Sep-2008
        

Economists are hoping the US government's decision to take over two huge mortgage firms will help bring an end to the credit crunch. Far East money markets are already surging after the rescue of Fannie Mae and Freddie...

                   

UK & World News: Mortgage takeovers 'may boost UK'

icnetwork.co.uk
08-Sep-2008
        

British mortgage experts have welcomed the historic US government takeover of mortgage giants Fannie Mae and Freddie Mac. The Bush administration has announced it is taking control of the two institutions to avert the...

                   

Mortgage takeovers 'may boost UK'

icnetwork.co.uk
08-Sep-2008
        

British mortgage experts have welcomed the historic US government takeover of mortgage giants Fannie Mae and Freddie Mac. The Bush administration has announced it is taking control of the two institutions to avert the...

                   

Mortgage takeovers 'may boost UK'

gazettelive.co.uk
08-Sep-2008
        

British mortgage experts have welcomed the historic US government takeover of mortgage giants Fannie Mae and Freddie Mac. The Bush administration has announced it is taking control of the two institutions to avert the...

Bush says takeover of mortgage giants necessary because of unacceptable risk

canadianbusiness.com
07-Sep-2008
        

WASHINGTON - U.S. President George W. Bush says the historic government takeover of mortgage giants Fannie Mae and Freddie Mac is necessary because of the "unacceptable risk" that they can no longer operate soundly. The...

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