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Freddie Mac

Short Selling Rules Expire Today

Reuters | Posted 05.25.2011 | Business

Last month, the SEC imposed a temporary rule that requires investors to borrow stock before executing a short sale in 19 major Wall Street firms such ...

Taking Bets On Freddie Mac, Largest Stakeholder Buys More

Fortune.com | Colin Barr | Posted 05.25.2011 | Business

Bill Miller is wagering Freddie Mac (FRE) will muddle through the mortgage crisis. Miller's Legg Mason Capital Management this summer boosted its stak...

The Price of Risk

Jared Bernstein | Posted 05.25.2011 | Business
Jared Bernstein

"Conservative" used to mean risk-averse. Now it means "risk be damned, I want my oil, my house, my risky financial instruments, and my government bailout when they fail."

Mortgage Rates On The Rise

New York Times | TARA SIEGEL BERNARD | Posted 05.25.2011 | Business

Gaping losses at Fannie Mae and Freddie Mac are causing the two mortgage giants to slow their purchases of home loans at a time when the government is...

Freddie Mac Chief Ignored Warnings

New York Times | Charles Duhigg | Posted 05.25.2011 | Business

The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial cris...

Short-Selling Protection Expanded Could Hurt Computerized Trading: Report

Wall Street Journal | Jenny Strasburg, Kara Scannell and Randall Smith | Posted 05.25.2011 | Business

The rules appear to have had their intended effect of halting the slide in shares of financial companies such as Fannie Mae, Freddie Mac and Lehman Br...

Why Some People Hate The Housing Rescue

Dealbreaker | John Carney | Posted 05.25.2011 | Business

Over the weekend the Senate overwhelmingly passed a the mortgage bailout bill that includes a government rescue plan for mortgage finance giants Fanni...

The Right Questions

Jared Bernstein | Posted 05.25.2011 | Politics
Jared Bernstein

President Bush, a fierce adherent of YOYO (you're on your own) for the masses and socialism for the rich, is about to sign the new housing bill with all its market corrections.

Reagan Revolution Out Of Style, Regulation In Even With Republicans

Wall Street Journal | Bob Davis, Damian Paletta and Rebecca Smith | Posted 05.25.2011 | Business

WASHINGTON -- The housing and financial crisis convulsing the U.S. is powering a new wave of government regulation of business and the economy. Feder...

Remember Your Chains That Bind You, to Us - Ye Captains of Industry and Govern

Alice Singleton | Posted 05.25.2011 | Business
Alice Singleton

Attached with the bailout of the FMs and the remaining institutions surely to follow will be a veiled warning to the American taxpayer: "we had to bail them out. If they go down the tubes, so does America!"

A Real Solid Suggestion -- If I Do Say So Myself

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

Only when we increase the street smarts and financial literacy of our next generations will we prepare ourselves for future messes.

Fannie, Freddie Bailout Could Cost Taxpayers $25 Billion

New York Times | David M. Herszenhorn | Posted 05.25.2011 | Business

WASHINGTON -- The proposed government rescue of the nation's two mortgage finance giants will appear on the federal budget as a $25 billion cost to ta...

Secretary Paulson's New Gig: Fannie And Freddie PR Man

New York Times | Stephen Labaton | Posted 05.25.2011 | Business

Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...

The Short-Sighted Double Standard

George Cloutier | Posted 05.25.2011 | Business
George Cloutier

Why should small business get nothing while Wall Street benefits? It's shortsighted, and it will only serve to speed the spiral effect of the economic downturn as these enterprises stop investing, and continue to lay off workers.

Deregulation Defrauds Americans

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

For decades, conservatives have vilified the word regulation. This has brought us corporate slavery approved by the U.S. government and panic lines of depositors outside banks.

The Ballad of Fannie & Freddie

Al Eisele | Posted 05.25.2011 | Politics
Al Eisele

Fannie and Freddie were lenders Lordy, how they could lend!

Capitalism for the Poor, Socialism for the Wealthy

Byron Williams | Posted 05.25.2011 | Business
Byron Williams

Like Fannie and Freddie, the American economy is also a hybrid of private and public participation. We are hardly a socialist society, but we are not paragons of capitalisms.

Well Regulated BS

Amitai Etzioni | Posted 05.25.2011 | Politics
Amitai Etzioni

As long as politicians can take money from the industries that are supposed to be regulated, taxpayers will keep paying for the profiteering of these industries.

Freddie Mac Considers Stock Sale To Dodge Government Rescue

Wall Street Journal | James R. Hagerty, Monica Langley and Susan Pulliam | Posted 05.25.2011 | Business

Mortgage giant Freddie Mac -- emboldened by emergency regulatory actions that have triggered a two-day rebound in its battered stock -- is considering...

Daily Show On Bush And Bernanke: One's An Optimist, One's An Expert On The Economy (VIDEO)

The Daily Show | Posted 05.25.2011 | Business

Jon Stewart spends eight minutes on the economy, comparing and contrasting the opinions of President Bush and Federal Reserve Chairman Ben Bernanke on...

Back When ...

James Berman | Posted 05.25.2011 | Business
James Berman

It makes more sense to invest for the probability that the world will outlive this collapse -- as surely as it did all others in history -- instead of for the remote possibility that the apocalypse is finally upon us.

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 To Host GOP Convention Party

Politico | Patrick O'Connor | Posted 05.25.2011 | Politics

House Republicans gave Treasury chief Henry Paulson an earful Wednesday about the administration's rescue package for mortgage giants Fannie Mae and F...

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...

Fannie and Freddie's Rich Uncle

Paul Peete | Posted 05.25.2011 | Business
Paul Peete

Those Republicans hate big government but love big bailouts, like Bear Stearns and Fannie Mae. And the help comes fast too, unless you are needy people, like the New Orleans Katrina crowd.