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Mortgage Giants Agreeable to Rescue Plan, but Its Cost Is Unknown
Mortgage Giants Agreeable to Rescue Plan, but Its Cost Is Unknown
Date
:
Sun, 07 Sep 2008 00:50:00 GMT
Source
:
NYT > Business
Copyright
:
Copyright 2008 The New York Times Company
Link
:
http://www.nytimes.com/2008/09/07/us/07treasu
ry.html?partner=rssnyt&emc=rss
Under the plan, the Treasury Department will buy billions of dollars in new mortgage securities issued by the companies and inject an unknown amount of capital into them.
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