Washington Says Fannie Mae, Freddie Mac Have Enough Cash

10 Jul 2008

Washington moved quickly to calm fears that Fannie Mae and Freddie Mac are still solvent despite sharp declines in their stock price in recent days to their lowest level in 17 years. In an effort to dispel notions the government-sponsored agencies may be broke—suggested in comments by William ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial