Paulson to Take Over and Restructure Fannie, Freddie (Update5) Bloomberg - By Dawn Kopecki and Alison Vekshin Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson will use his authority to rescue Fannie Mae and Freddie Mac, likely placing the beleaguered mortgage-finance companies under government control as early as this ... Loan Giant Overstated the Size of Its Capital Base Government plan for Fannie, Freddie to hit shareholders |