Pimco’s Gross: Fannie, Freddie Bailout is Likely Rather Than Imminent
Wednesday, August 20th, 2008Gross also essentially said federal regulators will delay the bailout until after the election, if possible.
Gross also essentially said federal regulators will delay the bailout until after the election, if possible.
Mudd adds Fannie has never had more capital, and the company has not asked for government assistance.
On the Foreign Affairs teleconference, Treasury secretary Paulson deflected an AP question about GSEs Fannie Mae and Freddie Mac, saying he was only on to talk about China.
When asked whether he was concerned about Asian investors investing less in the US, Paulson stressed that monthly flows are always volatile.