GSE debt doesn’t carry full faith of government: Treasury
November 18, 2008 at 06:54 AM EST
[Skip to the end] Huh? GSE debt does not carry ‘full faith and credit’ of governments but close- Treasury’s Kashkari Nov 14 (Reuters) - Debt issued by major U.S. mortgage finance sources Fannie Mae and Freddie Mac do not carry the full faith and credit backing of the U.S. Treasury but it’s “darned close”, a senior Treasury official [...]