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  • Wall St. okays mortgage rescue

  • 00:01:40
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Wall St. okays mortgage rescue

The government's move was interpreted as a major event since Fannie Mae and Freddie Mac own or guarantee almost half of the U.S. $12 trillion mortgage market. SPEAKER: Hugh Johnson, chief investment strategist, Johnson Illington Advisors. Conway Gittens reports from New York

Reuters | September 8, 2008Watch more videos from Reuters

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