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Fannie Mae Bailout

Wall Street Socialism

Robert L. Borosage | Posted 07.23.2008 | Politics

Read More: Housing Crisis, Freddy Mac, Economy, Henry Paulson, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Politics News
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.

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Freddie and Fannie: Republican victims

Diane Francis | Posted 07.23.2008 | Business

Read More: Mortgage Lending Sector, George Bush, Sub-Prime, Housing, Investment Banks, U.S. Treasury, Fannie Mae, Eliot Spitzer, Real Estate Sector, Fraud, Mortgages, Fannie Mae Bailout, Freddie Mac, Bear Stearns Bailout, Wall Street, Economy, Rrepublicans, Business News
Diane Francis

The announcement on Sunday that the Fed and U.S. Treasury will backstop these two financial intermediaries is an entirely predictable, latter-day outcome as a result of cowboy capitalism.

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Government Bailouts: What's it All About?

Zachary Karabell | Posted 07.23.2008 | Business

Read More: Ben Bernanke, Fannie Mae Bailout, Obama, Freddie Mac, FInancial Markets, Economy, Business News
Zachary Karabell

In crisis mode, government simply reacts, and there is no sign just now of a systemic consideration of the balance between government as a backstop or watchdog and the unfettered free market.

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How The Government Would Bail Out Fannie Mae, Freddie Mac

AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 07.22.2008 | Business

Read More: Freddie Mac, Fannie Mae, Fanny May, Government Bailout, Fannie Mae Bailout, Freddie Mac Bailout, Henry Paulson, Federal Reserve, Us Treasury, Ben Bernanke, Chris Dodd, Economy, Business News

WASHINGTON — Now that the federal government has thrown a lifeline to mortgage giants Fannie Mae and Freddie Mac, taxpayers could be on the hook...

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Fannie Mae Bailout Pushes Stocks Up At Open

AP | TIM PARADIS | Posted 07.22.2008 | Business

Read More: Fannie Mae, Freddie Mac, Government Bailout, Henry Paulson, Fannie Mae Bailout, Fanny Mae, Freddy Mac, Fanny May, Fannie May, Stocks, Stock Exchange, Stock Futures, Mortgage Crisis, Lending Crisis, Business News

NEW YORK — Wall Street extended its slump into yet another week Monday as investors worried that even a safety net set up for mortgage financier...

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Administration Asks Congress For Huge Fannie Mae And Freddie Mac Bailout

New York Times | Stephen Labaton | Posted 07.21.2008 | Business

Read More: Freddie Mac, Freddie Mac Bailout, Economy, Mortgage Crisis, Fannie Mae, Fannie Mae Bailout, Business News

Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration on Sunday asked Congress to ...

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Fannie Mae, Freddie Mac Bailout Would Cost Taxpayers Dearly

New York Times | GRETCHEN MORGENSON | Posted 07.21.2008 | Business

Read More: Freddie Mac, Mortgage Bailout, Government Bailout Fannie, Fannie Mae Freddie Mac Bailout, Freddie Mac Bailout, Fannie Mae Bailout, Fannie Mae, Mortgage Crisis, Business News

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...

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The Political Economy of Last Week

Jared Bernstein | Posted 07.21.2008 | Politics

Read More: Federal Reserve, Fannie Mae, Phil Gramm, Fannie Mae Bailout, Freddie Mac, Economy, Politics News
Jared Bernstein

Yes, once again, Mr. and Ms. Taxpayer, you may be about to hold the bag for a failing financial institution, infusing these firms with the money they need to keep buying and selling mortgage debt.

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Paulson: No Bailout For Fannie Mae and Freddie Mac

AP | TIM PARADIS | Posted 07.19.2008 | Business

Read More: Housing Crisis, Freddie Mac, Fannie Mae, Mortgage Company Bailout, Freddie Mac Balout, Fannie Mae Bailout, Iran, Business News

NEW YORK — Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday _ stocks tumbl...

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Fannie Mae, Freddie Mac Stocks Plummet At Threat Of Government Bailout

New York Times | Michael M. Grynbaum | Posted 07.18.2008 | Business

Read More: Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae, Housing Crisis, Lending Crisis, Business News

Fannie Mae and Freddie Mac, the mortgage lenders at the heart of the nation's housing finances, fell to their lowest share prices in 17 years on Thurs...

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