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US Government takes over mortgage giants

8 September, 2008 (01:26) | Stock market, Stock market crash, Stock market game, Stock market news, Stock market quotes, Stock market report, Stock market today, Stock markets, investing in stock market, money stock market, nasdaq stock market, online stock market, stock exchange, stock market history, stock market index, stock market investing, stock market prices | By: The Stock Market Specialist

By Martin Crutsinger and Alan Zibel, AP Business Writers
US Government seizes control of mortgage giants Fannie Mae and Freddie Mac
WASHINGTON (AP) — The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
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The historic move [...]

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