Languages
Page last updated at 18:04 GMT, Sunday, 7 September 2008 19:04 UK

US bail out Freddie and Fannie

Advertisement
US financial officials have outlined plans for a government takeover of failing mortgage lenders Freddie Mac and Fannie Mae.

The federal takeover is one of the largest bail-outs in American history.

Joe Lynam reports.

SEE ALSO

Story Tools

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific