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Why did The FHFA place Fannie and Freddie under conservatorship on 07 September 2008? Explain why you think that event is so important. Offer some

Why did The FHFA place Fannie and Freddie under conservatorship on 07 September 2008?

Explain why you think that event is so important. Offer some specifics. Why does this event or decision belong in the timeline? What does it have to do with the financial crisis?

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