A look at the bailout of Fannie and Freddie

The World

What seemed unlikely has happened: On Sunday, the Bush Administration took control of mortgage heavyweights Fannie Mae and Freddie Mac in an effort to stabilize the housing market and U.S. economy. Guest: Stephen Labaton, The New York Times

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.