NYT :: Business

U.S. Rescue Seen at Hand for 2 Mortgage Giants

A plan would replace the leaders of Fannie Mae and Freddie Mac and virtually wipe out their shareholders but let them continue to work with the government standing behind their debt.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=b4d3f98f99d448c0ae34d28d64593f7b&u=http://www.nytimes.com/2008/09/06/business/06fannie.html"><img src="http://www.pheedo.com/img.phdo?x=b4d3f98f99d448c0ae34d28d64593f7b&u=http://www.nytimes.com/2008/09/06/business/06fannie.html" border="0"/></a></span>