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Sheldon Filger: U.S. Treasury Strikes On Christmas Eve: Unlimited Taxpayer Support For Fannie Mae And Freddie Mac external link

Huffington Post | by Sheldon Filger | Wed, Dec 30

On Christmas Eve, one of the quietest news days of the year, the U.S Treasury announced that in lieu of the previous $400 billion backstop, the U.S. taxpayers will now provide unlimited financial support to ensure the survival and liquidity of Fannie Mae and Freddie Mac for the next 3 years. Ap...

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