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View Full Version : Panic as Fannie Mae and Freddie Mac dive



LETMYSILVERGO
13th July 2008, 14:49
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4322066.ece

China and Japan are among the largest investors in them. Failure for Fannie and Freddie would deal a big blow to investor confidence around the world.
America’s biggest home-loan lenders have lost half their value and if they are allowed to collapse the whole world will suffer