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	<title>Money Finesse - Personal Finance in the USA &#187; Mortgages</title>
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		<title>Fannie Mae and Freddie Mac nationalized</title>
		<link>http://www.moneyfinesse.com/2008/09/08/fannie-mae-and-freddie-mac-nationalized/</link>
		<comments>http://www.moneyfinesse.com/2008/09/08/fannie-mae-and-freddie-mac-nationalized/#comments</comments>
		<pubDate>Mon, 08 Sep 2008 13:51:36 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Henry Paulson]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Mortgages]]></category>

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		<description><![CDATA[Yesterday the U.S. Treasury Secretary, Henry Paulson, nationalized the underwriters of half of America&#8217;s vast mortgage industry, now in precipitate decline. Secretary Henry Paulson at news conference yesterday Two government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, have had their books underwritten in the short term by the Government. Fannie and Freddie are curious institutions. [...]]]></description>
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		<title>Fannie Mae and Freddie Mac plunge</title>
		<link>http://www.moneyfinesse.com/2008/03/12/fannie-mae-and-freddie-mac-plunge/</link>
		<comments>http://www.moneyfinesse.com/2008/03/12/fannie-mae-and-freddie-mac-plunge/#comments</comments>
		<pubDate>Wed, 12 Mar 2008 14:56:08 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Federal Reserve Board]]></category>
		<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://www.moneyfinesse.com/2008/03/12/fannie-mae-and-freddie-mac-plunge/</guid>
		<description><![CDATA[For those who don&#8217;t know, Fannie Mae and Freddie Mac are chartered finanicial institutions that guarantee 60 percent of the U.S. home loan market. Both are in serious trouble because of the meltdown in the housing market. The U.S. Federal Reserve Bank They dominate the top-tier of lenders that control $6 trillion of mortgage lending. [...]]]></description>
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		<title>Did Iraq war cause the credit crunch?</title>
		<link>http://www.moneyfinesse.com/2008/02/26/did-iraq-war-cause-the-credit-crunch/</link>
		<comments>http://www.moneyfinesse.com/2008/02/26/did-iraq-war-cause-the-credit-crunch/#comments</comments>
		<pubDate>Tue, 26 Feb 2008 13:32:13 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Federal Reserve Board]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://www.moneyfinesse.com/2008/02/26/did-iraq-war-cause-the-credit-crunch/</guid>
		<description><![CDATA[A new book by Nobel prizewinning economist Joseph Stiglitz tracks the effect that the war in Iraq has had on the American economy. The Three Trillion Dollar War &#8212; The True Cost Of The Iraq Conflict outlines the immense downside across the globe of this policy. In terms of the current credit crunch, which arose [...]]]></description>
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		<title>Warren Buffett rescues stock markets</title>
		<link>http://www.moneyfinesse.com/2008/02/13/warren-buffett-rescues-stock-markets/</link>
		<comments>http://www.moneyfinesse.com/2008/02/13/warren-buffett-rescues-stock-markets/#comments</comments>
		<pubDate>Wed, 13 Feb 2008 17:14:52 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Loans]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Monoline Insurers]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Sub-prime loans]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Warren Buffet]]></category>

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		<description><![CDATA[Legendary investor, Warren Buffett &#8212; the Sage of Omaha &#8212; in a move he says is designed to make money, has offered to take on $800 billion of the liabilities of U.S. municipal bonds. The offer goes to three â€œmonolineâ€ bond insurers, Ambac Financial, MBIA and Financial Guaranty Insurance. One has already rejected the deal, [...]]]></description>
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