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Fannie Mae Freddie Mac Bailout

Fannie's Lesson: The Real Scandals Are Legal

Dick Meyer | Posted 05.25.2011 | Business
Dick Meyer

The government is putting taxpayer funds at risk to stabilize Fannie Mae -- another episode in a long-running legal scandal. There are no hookers, embezzlers and slush funds. Just laws, lobbyists and pay packages.

FNMA Is Making Enron Executives Look Good

Ron Galloway | Posted 05.25.2011 | Business
Ron Galloway

FNMA executives gamed the system to enrich themselves by exposing the American taxpayer to their company risk. It is the biggest financial scandal we'll ever see.

Fannie Mae, Freddie Mac Spent $200M To Buy Influence

Posted 05.25.2011 | Politics

The Politico has an article today detailing the influence Freddie Mac and Fannie Mae have bought in Washington over the past decade. The government-ch...

Wall Street Socialism

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

If the guarantees work, private speculators, having driven the stock down, will clean up on the upside. And the bank's CEOs will continue to pocket the multi-million dollar salaries. Call it Wall Street socialism.

Fannie Mae, Freddie Mac Bailout Would Cost Taxpayers Dearly

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

IT'S dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that's the show w...