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U.S. Taxpayer Bailout of China Over Fannie Mae
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U.S. Taxpayer Bailout of China Over Fannie Mae

BY Mike Shedlock

If the US bails out Fannie Mae bonds as suggested in We’re All Homeowners Now, Nationalization of Fannie, Freddie Unavoidable, inquiring mind just might be wondering "Who is the biggest beneficiary?". It’s a good question too. Please consider Chinese Government is Top Foreign Holder of Fannie Mae, Freddie Mac Bonds.

07/11/2008