Government Bailout Of GSEs More Likely Experts Say
August 06, 2008 at 23:13 PM EDT
After Freddie Mac reported a second-quarter net loss of $821 million, more than triple most analysts’ forecasts — Bill Gross, one of the world’s largest mutual fund managers, focusing mostly on bonds, said on Wednesday, according to Bloomberg, that the “U.S. Treasury will probably be forced to buy $10 billion to $30 billion of [...]