Did 2008 Economic Stimulus package contribute to credit crunch?
Written By: admin on September 11, 2009
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Did the 2008 economic stimulus package, because it increased the limits imposed on mortgages eligible for buy by Fannie Mae & Freddie Mac, contribute to the overexposure of Fannie & Freddie and thus contribute to the credit crunch?
Source:
http://en.wikipedia.org/wiki/Stimulus_Package
Is that a yes or a no, Grilled?
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