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Barney Frank Says He Supports Treasury’s Position on GSEs

House Financial Services Committee Chairman Barney Frank (D-MA) issued the following statement just hours after he said bondholders of Fannie Mae (FNM) and Freddie Mac (FRE) should not assume the government will guarantee the debt of these GSEs at 100 cents on the dollar. Frank’s Statement : “I have been asked some questions by members of the [...]
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