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December 24, 2009

Federal government lifts bailout cap for Fannie and Freddie

Filed under: Business — Breaking News @ 2:50 pm

The federal government will lift the $400 billion financial cap it was to provide to Fannie Mae and Freddie Mac to keep the mortgage giants from failing, according to an Associated Press report.

– Gov’t lifts bailout cap for Fannie and Freddie

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