The US government today took its most dramatic action against the housing crisis yet, as it announced plans to inject up to $200 billion worth of taxpayers' money into Freddie Mac and Fannie Mae, the mortgage giants that underpin America$’s entire mortgage market.
More...US government seizes control of Fannie Mae and Freddie Mac (External link to The Times)
More...US government seizes control of Fannie Mae and Freddie Mac (External link to The Times)