The Long and Short of the Fannie Mae and Freddie Mac Rescue |
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The Long and Short of the Fannie Mae and Freddie Mac Rescue The U.S. Treasury’s rescue of Fannie Mae and Freddie Mac over the weekend was only a matter of time. Financial market fragility looms large after a sharp cut in the federal funds rate, a fiscal stimulus package, and the myriad of programs to bring about stability in financial markets. The expectation is that the latest measure will foster stability in global financial markets. The $200 billion package is another type of fiscal
Filed under: Fundamental
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