Who aquired mortgage giants, Fanny Mae and Freddie Mac?
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US government
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Standard & Poor
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Ernst & Young
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Morgan Stanley
A
Correct answer
Explanation
During the 2008 financial crisis, the US government took control of Fannie Mae and Freddie Mac through conservatorship to prevent their collapse. The other companies listed (S&P, Ernst & Young, Morgan Stanley) did not acquire these mortgage giants.