Author/Creator

Henry M. Paulson Jr.

Publisher

United States: Department of the Treasury

Media Date

9-7-2008

Media Type

Document

Content Type

Press Release

Country/Region

United States

Source

hp-1129

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

The Rescue of Fannie Mae and Freddie Mac

Intervention

Capital Injection -Specific Firms; Emergency Liquidity-Specific Firm; Non-bank Restructuring

Additional Information

Joined by Jim Lockhart, Secretary Henry Paulson outlines efforts to protect financial markets and taxpayers according the three goals of the GSEs: Providing stability to financial markets, supporting the availability of mortgage finance, and protecting taxpayers.

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