TITLE

Bailout Nation

AUTHOR(S)
Fox, Justin
PUB. DATE
September 2008
SOURCE
Time;9/22/2008, Vol. 172 Issue 12, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the U.S. government seizure of mortgage companies Fannie Mae and Freddie Mac on September 7, 2008. Questions and answers are used to present information about Fannie Mae and Freddie Mac's historical development, to examine the greatest beneficiary of the bailout and to assess what U.S. taxpayers may have to contribute. Debate about the government's role in the future of the housing market is expected.
ACCESSION #
34293527

 

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