EARTHtimes.org
Mobile Version
Home Page
Treasury won't comment on Fannie, Freddie story
by : Reuters
Date : Fri, 05 Sep 2008 21:18:01 GMT
WASHINGTON (Reuters) - A U.S. Treasury Department spokeswoman on Friday declined comment on a Wall Street Journal story saying a plan was near completion for a financial backstop for mortgage finance companies Fannie Mae and Freddie Mac.Treasury spokeswoman Brookly McLaughlin said "we are not going to comment on rumors " and offered no other details.(Reporting by Glenn Somerville) lt;br gt;(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
Next Article..
News Category
Home Page