government takeover of fannie mae and freddie mac: Fannie Mae and Freddie Mac Get Taken Over by the United States Government Today! - 09/07/08 06:08 AM

Today will go down in the history books for years to come, as the day the United States Government stepped in and took over operations of Fannie Mae and Freddie Mac, which hold nearly half of the mortgages in the United States. Treasury Secretary Henry Paulson noted in a press release today that all avenues were looked at and the United States Government's decision to move forward in the manner chosen was the best viable option.
So, who and what does this affect?
The Common Stock Holder
If you own common shares of stock in Fannie Mae … (5 comments)


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