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Buiter argues that the games the Fed and Treasury are playing, with the Fed providing loans and guarantees that properly should come from the Treasury, is bad for accountability and puts Fed independence at risk. The idea of the Fed chief appearing jointly with the Treasury secretary to p...
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