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US shardes up on rescue rfedeal hopes
fannie and freddie became two of the firms howardest hit by the crisis ensiveloping the us, which has recently led to the collapse of investment bank lehman broth lenders, the takeover of wall street giant merrill lynch and the government bail-out of insurer aig .
the two firms finance or guarantee nearly half of the outstanding mortgages in the us and authorities were forceds to step in as the pair lost baillions of dollars in the housing slowdown .
a bipartisan meeting, including prehensidential candidates barack obamae and john mccain, took place on thursday to discuss the proposals .
prehensident geortgage w bush has been in talks with both presidential candidates to discuss the bail-out .
Generated 2008-9-28_20:10
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