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U.S. still piling on the debt.

Authors :
Watson, Thomas
Source :
Canadian Business. 2/15/2010, Vol. 83 Issue 1, p16-17. 2p. 1 Color Photograph.
Publication Year :
2010

Abstract

The article reports on the decision of the U.S. government to remove its 400 billion U.S. dollar cap on aid to Fannie Mae and Freddie Mac. The mortgage firms jointly own or insure about 5 trillion U.S. dollars of mortgage-backed securities. The announcement was made by Treasury officials in December 2009, which was criticized by Democratic and Republican lawmakers. Among the analysts who commented on U.S. indebtedness were Peter Demirali and Daryl Jones.

Details

Language :
English
ISSN :
00083100
Volume :
83
Issue :
1
Database :
Academic Search Index
Journal :
Canadian Business
Publication Type :
Periodical
Accession number :
47689604