McCain: We Can't Let Fannie and Freddie Fail
The Arizonan says at a Livonia, Michigan diner that the U.S. should intervene if the government-sponsored mortgage finance giants run into serious finance trouble. Read pool report of the stop here.
WashPost: Both companies' stocks plummit for the third day Thursday amid talk the two firms are facing more troubles.
Obama adviser Furman weighs in: "The challenges facing Fannie and Freddie are part of the broader weakness in our economy."
Wednesday, July 9, 2008