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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Charles Duhigg / The Bulletin
July 12, 2008
Are Fannie Mae and Freddie Mac nearly insolvent, as some investors and policymakers fear? Or are the giant mortgage finance companies sound — and good investments?
Those questions reverberated through Wall Street and Washington on Friday, when the two companies’ shares fell....