Fannie Mae, Freddie Mac taken over..stocks soar
September 8th, 2008 • Related • Filed Under
On Sunday the government announced it is taking over Fannie Mae and Freddie Mac in hopes of strengthening the housing and financial markets. Following this announcement, on Monday the Dow rose 290 points. To read the full stories, click on the following links:
http://www.washingtonpost.com/wp-dyn/content/story/2008/09/08/ST2008090801017.html?hpid=topnews
and http://www.washingtonpost.com/wp-dyn/content/article/2008/09/07/AR2008090700259.html.
