CME, Fannie, Freddie work on interest-rate swaps

Posted March 30, 2010 at 4:27 p.m.

From Reuters | Fannie Mae and Freddie Mac, the mortgage-lending giants that were seized by
the U.S. government in September 2008,
are getting involved with CME group to design a clearing facility for the $414 trillion global market for interest-rate swaps.

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