U.S. Rescue Seen at Hand for 2 Mortgage Giants](http://www.nytimes.com/2008/09/06/business/06fannie.html?_r=3&hp&o&oref=slogin&oref=slogin)
By STEPHEN LABATON and ANDREW ROSS SORKIN
Published: September 5, 2008
WASHINGTON — Senior officials from the Bush administration and the Federal Reserve on Friday called in top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, and told them that the government was preparing to place the two companies under federal control, officials and company executives briefed on the discussions said.
“Take a load off, Fannie
Take a load for free
Take a load off, Fannie
And you put the load right on me” "](http://uk.youtube.com/watch?v=OYQWCB4rkDI&feature=related)**The Weight" - The Band
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