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IPFS News Link • Economy - International

Freddie, Fannie failure Could Be World 'Catastrophe,' China's Yu says

• bloomberg.com
A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China's central bank.

www.universityofreason.com/a/29887/KWADzukm