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How Fannie and investor loans Freddie weren't reigned-in - MSNBC Gary Gensler, an undersecretary of the Treasury, went to Capitol Hill in March 2000 to testify in favor of a bill everyone knew would fail. Fannie Mae and investor loans Freddie Mac were ascendant, giants of the mortgage finance business and investor loans key players in the Source: www.msnbc.msn.com UBS seen likely to write down billions more in H2 - MSN UK News ZURICH (Reuters) - Swiss bank UBS will have to write down another $5 billion (2.79 billion pounds) on its risky investments in the second half of the year, a newspaper reported on Sunday. Without citing its sources, the Sonntags Zeitung Source: news.uk.msn.com
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