treasury
Jul 13 2008, AP

The Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival.

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Images
Washington:

The G7 Central Bank Governors pose for a group photo at the Treasury Department’s Cash Room in Washington, Friday, April 11, 2008. Left to right are United States’ Ben Bernanke, Italy’s Mario Draghi, Japan’s Masaaki Shirakawa, Britian’s Mervyn...