Monday, September 29, 2008

Economics Weekly - Financial markets: forever blowing bubbles? by Lloyds TSB

The bail out of Fannie Mae and Freddie Mac is ‘…one of the largest financial interventions not only in US history but in any country’s history. But the costs to the government is manageable’ says an analyst at S&P. The liabilities of the two GSEs come to $5.4 trillion and will be added to the [...]



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