U.S.: $275 billion for home-loan bailouts

Treasury Secretary Timothy Geithner unveils a $75 billion+ program designed to bail out up to 9 million homebuyers who borrowed more money than they could afford, and the banks, loan servicers and financiers who make this possible, with cheaper fixed-rate loans. Plus another $200 billion for the government to buy more stock in Fannie Mae and Freddie Mac

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