Emerging Issues News
7/17/2008 11:38:22 AM EST
Fannie, Freddie spent millions on lobbying
WASHINGTON, D.C. -- (AP) For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors.
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