In the aftermath of the financial crisis, American taxpayers poured $187.5 billion into two huge but poorly understood companies: Freddie Mac and Fannie Mae…
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bailout
As we ring out what has been a pretty lousy year for most of us, Wall Streeters are all aglow—thoughts …
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Fannie Mae, the government-owned mortgage giant, is asking taxpayers for another $7.8 billion to cover the company’s losses from July …
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Remember “trickle-down economics?” It’s a very simple idea that first entered the vernacular during the Reagan era. It proposes that …
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The government finally weighed in on three proposals to try to end government support of the mortgage industry. The big …
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Elizabeth Warren took time away from her job overseeing the creation of the new Consumer Financial Protection Bureau last week to …
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Remember the Wall Street Bailout? You know, that horrible travesty that cost taxpayers billions and rewarded Wall Street’s worst risk …
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There’s a lot of talk right now about ending taxpayer support for Fannie Mae and Freddie Mac, the two giant …
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