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U.S. likely to recapitalize Fannie, Freddie: report

The U.S. Treasury is growing increasingly likely to recapitalize Fannie Mae and Freddie Mac in the months ahead on the taxpayer's dime, Barron's reported in its August 18 edition.

Webmaster's Commentary: 

So, even those Americans smart enough to avoid the real-estate "froth up" are going to get stuck with the bill.

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Posted on Aug 17, 2008 at 21:45
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