"Make no mistake. It's hardly delightful for taxpayers that the Treasury had to step in to rescue Fannie Mae and Freddie Mac - the engines of the mortgage market.
But one expert gave Treasury Secretary Henry Paulson and his colleagues high marks for devising a plan that gives first priority to taxpayers and minimizes their potential cost."
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Freddie, Fannie plan has taxpayer protections
Monday, September 8, 2008
Freddie, Fannie plan has taxpayer protections
Labels:
Fannie Mae,
Freddie Mac,
housing rescue,
taxpayers,
Treasury Department
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