More info...
World equity markets and the dollar fell heavily on Tuesday on scepticism that a dramatic weekend US government rescue of two mortgage giants would contain crisis in American finance.

ALL BUSINESS:Taxpayers on hook for mortgage rescue (AP via Yahoo! News)
We knew it could happen, even though they said it wouldn't. The government is using our money again to haul private companies' hindquarters out of the fire this time it's troubled mortgage giants Fannie Mae and Freddie Mac.

Mortgage

Share Your Opinion. (0 posts)

Tag it: