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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (397915)7/11/2008 11:42:38 AM
From: tejek  Read Replies (1) of 1577020
 
so what happens if govt takes over fannie and freddie instead of bailing them out?

Probably nationalize them

Cramer says govt will turn big profits in near future by picking up these assets once housing market has turned, that is.

Yes, but the shareholders won't benefit; that's why they are bailing.
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