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Freddie Mac Fannie Mae Get the Squeeze

2012-08-18 — thedailybeast.com

The biggest recipient of taxpayer dollars in the federal spending spree designed to avert economic calamity wasnâ€™t Citigroup, or AIG, or even General Motors and Chrysler. It was the two government sponsored mortgage corporationsâ€“Fannie Mae and Freddie Macâ€“whose relentless pursuit of market share and profits led to massive losses followed by a gover...

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