2min chapter

Business Daily cover image

The US banking system on life support

Business Daily

CHAPTER

The US Government Is Taking Control of the Struggling Mortgage Lenders Fannie Mae and Freddie Mac

Tim was at home in Chicago when he took that call on Sunday morning. He had planned to spend the day celebrating his birthday with family. Instead, he took a five hour flight from Chicago to San Francisco. From San Francisco, he ubered down to Paolo Alto and arrived there about midnight.

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