8/24/2008

Buffett Says Fannie Mae, Freddie Mac `Game Is Over

Fannie Mae and Freddie Mac, the two largest mortgage finance companies, dont have any net worth, billionaire investor Warren Buffett said.

The game is over as independent companies said Buffett, the 77-year-old chairman of Berkshire Hathaway Inc.,...

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[Source: The Economist: News analysis - Posted by King Of Videos and Blogs]

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