freddie mac

How does the Fannie Mae and Freddie Mac bailout affect you?

Posted September 8, 2008 - 14:52 by Xin Lu

Personal Finance, Investment, Consumer Affairs, Real Estate and Housing

Yesterday Henry Paulson decided to use the power given to him by the housing bailout bill to officially take over Fannie Mae and Freddie Mac. This is a decision that has a huge impact on global financial markets. So how does this change affect you? Here is a list of the winners and losers in this situation.

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