From The G-Man: S&P Downgrades Hit Fannie, Freddie as Markets Tumble

Tuesday, August 9, 2011

S&P Downgrades Hit Fannie, Freddie as Markets Tumble

Standard and Poor's downgraded credit ratings for mortgage finance agencies Freddie Mac and Fannie Mae as markets tumbled Monday.

Sources:MSNBC Politico Bloomberg CNN Fox Business

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By Zach Toombs

Anchor: Allie Spillyards

Video provided by Newsy.com

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