Tuesday, November 11, 2008

A New Spin on Food Stamp Cadillacs

welfare queens

Fannie, AIG Struggling After Federal Takeover

Firms Report Massive Losses, Cite Shortcomings of Rescue

Two months after the government began taking over ailing financial companies, the two largest efforts have failed to go as planned, with the firms complaining that federal officials set overly strict terms and took other unhelpful rescue measures.

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