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Fannie Mae

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.

House OKs rescue for homeowners, Freddie, Fannie

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...

Congress Approves Housing Rescue Bill

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...

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.

Divorce is Up, Personal Trainers Down

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

People in every sector fear they could be laid off at any second. Divorce rates are up; personal trainers are losing their clients. No one has the time or inclination to work out. The toll is unguessable.

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.

Don't Ask, Don't Tell: the Media Circus over Fannie Mae and Freddie Mac

Yvette Kantrow | Posted 05.25.2011 | Media
Yvette Kantrow

Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?

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...

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'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.

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.

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...

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.

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...

Regulation is Not a Bad Word

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

McCain and Gramm are financial radicals who have taken over the system. The idea of putting them back in charge is absolutely unthinkable.

Freddie and Fannie: Republican victims

Diane Francis | Posted 05.25.2011 | Business
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.

Fannie and Freddie Symptoms of Larger Problem

The Real News | Posted 05.25.2011 | Business
The Real News

Chief economist at the AFL-CIO Ron Blackwell believes that while bailing out Fannie and Freddie is important, politicians shouldn't lose sight of the broader economic crisis.

I Want To Be Too Big To Fail

Kent Greenfield | Posted 05.25.2011 | Business
Kent Greenfield

Using Fannie Mae as a paradigm, the secret to having this administration to care about your financial well-being is in mismanaging your finances and being too big to fail.

Government Not Expected To Bail Out More Companies

AP | JOE BEL BRUNO and STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — The U.S. government is signaling it won't throw a lifeline to struggling financial companies _ except for mortgage linchpins Fannie M...