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"He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me."
- Thomas Jefferson, via Mike Masnick

Sep 07
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Treasury officials also have held informal conversations with leading buyers of Fannie and Freddie debt — including the central banks of China, South Korea, India and Taiwan — to reassure them that the mortgage companies remained viable…

Leaders of the Chinese central bank said in those talks that they expected the U.S. government to “do whatever is necessary” to protect the creditworthiness of those investments, the source said.

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