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China's Investments in Freddie and Fannie

Aug 28, 2008

It appears that China is heavily invested in Freddie Mac and Fannie Mae, the two giant mortgage companies that failed recently. If the U.S. treasury does not bail them out with taxpayer money, China would not be very happy about it.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aslo2E01QVFI


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Category: In The News

Dr. Stephen Jones


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