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Fed Backhands Fannie and Freddie Shorts

Bernanke sure does like these Sunday night releases Release Date: July 13, 2008For immediate release The Board of Governors of the Federal Reserve System announced Sunday that it has granted the Federal Reserve Bank of New York the authority to lend to Fannie Mae and Freddie Mac should such lending prove necessary. Any lending would […]

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Supreme Court to GSE Shareholders… “It’s Over”