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Fannie, Freddie Bailout May Hinge on $223 Billion Debt Roll

 
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Shamariah
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Joined: 08 May 2006
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PostPosted: Wed Aug 20, 2008 8:35 am    Post subject: Fannie, Freddie Bailout May Hinge on $223 Billion Debt Roll Reply with quote
``This whole backstop mechanism was set up so the actual need for it could be avoided,'' said Mahesh Swaminathan, a <b>mortgage</b> strategist for Credit Suisse in <b>New York</b>. ``The market is testing the Treasury's resolve.'' <b>New</b> Capital <b>...</b>

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