Wednesday, October 29, 2008

TAIWAN'S FINANCIAL REGULATORS REJECT FANNIE/FREDDIE DEBT OFFICIALLY

"Taiwan's financial regulators reportedly have ordered that nation's insurance companies to pare their holdings of the debt and mortgage-backed securities of Fannie Mae (ticker: FNM), Freddie Mac (FRE) and Ginnie Mae securities, according to a report on the Internet site of Asian Investor magazine." http://online.barrons.com/article_email/SB122482470725666021-lMyQjAxMDI4MjI0NDgyMjQ0Wj.html

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