Paulson proposes changes to Fannie Mae and Freddie Mac

  • 09 Jan 2009

Outgoing US Treasury secretary Henry Paulson this week called for Fannie Mae and Freddie Mac’s balance sheets to be shrunk dramatically.

Paulson also revealed that the bailout of Fannie and Freddie was devised and arranged in a fraught 10 day period ahead of expected weak earnings reports from US ...

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