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September 7th, 2008
Officials: Govt. to take control of ailing mortgage buyersPosted: 11:22 AM ET
WASHINGTON (CNN) - The U.S. government will purchase preferred shares of Freddie Mac and Fannie Mae in effort to boost confidence in mortgage finance giants, U.S. officials announced Sunday. |
 Editor's note The CNN Wire is no longer being updated, effective October 23, 2009.  New on the CNN Wire
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