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Fannie, Freddie, home loan banks control $6.8T (AP) AP - Federal housing finance agencies hold or guarantee $6.8 trillion in debt — the equivalent to more than half of the government's total debt. Publ.Date: Mon, 17 Nov 2008 21:16:33 GMT Source: Yahoo.com Fed sharply lowers forecasts, hints of rate cut (AP) AP - The Federal Reserve on Wednesday sharply lowered its projections for economic activity this year and next, and signaled that additional interest rate reductions may be needed to help combat the worst financial crisis to jolt the country in more than a half-century. Publ.Date: Wed, 19 Nov 2008 20:13:14 GMT Source: Yahoo.com Treasury pays $33.56B to 21 banks (AP) AP - The government said Monday it has supplied $33.56 billion to 21 banks in a second round of payments from the $700 billion rescue program, and announced a deadline for another 3,800 banks to apply for funds. Publ.Date: Mon, 17 Nov 2008 23:32:35 GMT Source: Yahoo.com Banks, investment firms borrow less from Fed (AP) AP - Banks and investment firms reduced borrowing from the Federal Reserve's emergency lending program over the past week, although demand for the loans remains elevated. Publ.Date: Thu, 13 Nov 2008 21:44:36 GMT Source: Yahoo.com

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