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NYU's Nouriel Roubini, the visionary who had been predicting this meltdown, says "The Treasury plan (even in its current version agreed with Congress) is very poorly conceived and does not contain many of the key elements of a sound and efficient and fair rescue plan."
ABC News In a Christmas Eve announcement, the US Treasury Department said that it would extend unlimited financial assistance to Fannie Mae and Freddie Mac, ... US extends guarantees on Fannie, Freddie through 2012AFP
Thu, Dec 24 | from TopNews United States