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Fannie Mae

Fox News: Barney Frank Escaped Blame for Fannie Mae's Problems Because He Is Gay

David Fiderer | Posted 11.06.2008 | Media

Read More: Karl Rove Fox News, Karl Rove, Freddie Mac, Subprime Mortgage Crisis, Barney Frank, Mortgage Crisis, Fannie Mae, Fox News, Bill O'Reilly, Brit Hume, Fox News Sunday, Media News
David Fiderer

Did a Fox news executive decide to go after Congressman Frank because O'Reilly was embarrassed in front of 800,000 people who caught the meltdown on YouTube?

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NOW THE FUN BEGINS: IMPOSSIBLE CONFLICTS?

Jim Randel | Posted 11.04.2008 | Business

Read More: Fannie Mae, Wall Street Crisis, Freddie Mac, Wall Street, Business, Bailout, Economy, Business News
Jim Randel

As most expected, the bailout provision did pass and is now law. And now the fun begins as our government is about to engage in an outsourcing binge ...

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TRY THIS TRUE-FALSE TEST

Jim Randel | Posted 11.03.2008 | Business

Read More: U.S. Economy, Finance, Freddie Mac, Federal Reserve, Fannie Mae, Bailout, Housing Crisis, Subprime Mortgages, Business News
Jim Randel

In my last post, I whined that no one in government was doing an adequate job of educating the public about the arguments for and against the bailout ...

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Behind Wall Street's Collapse

Walden Bello | Posted 11.02.2008 | Business

Read More: Merrill Lynch, Bailout, Wall Street, Rosa Luxemberg, Cdos, Wall Street Bailout, International Monetary Fund, Argentina, Reaganism, Collatorized Debt Obligations, International Financing Review, Klaus Schwab, Internet Bubble, Imf, Stock Market, Dean Baker, Great Depression, World Economic Forum, Financialization, Technology-Stock Bubble, Economic Bubble, Bankruptcy, Golden Age of Contemporary Capitalism, Brazil, Fannie Mae, U.S. Treasury Department, Recession, Financial Collapse, Freddie Mac, Subprime Mortgages, Ben Bernanke, Neoliberal Restructuring, China, Business News
Walden Bello

In a nutshell, the Wall Street meltdown is not only due to greed and to the lack of government regulation of a hyperactive sector.

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Fannie, Freddie Foil Huge Chicago Bank Holding Company

Crain's Chicago Business | Steve Daniels | Posted 10.30.2008 | Chicago

Read More: Michael Dunning, FBOP Corp., Fannie Mae, Freddie Mac, Park National Bank, Michael Kelly, Chicago News

FBOP Corp., Chicago's second-largest bank holding company, says it will write down a big investment in Fannie Mae and Freddie Mac as the federal takeo...

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How Fannie Mae And You Bought A Hapless House

Washington Post | Joel Achenbach | Posted 10.29.2008 | Business

Read More: Housing Crisis, Fannie Mae, Mortgage Crisis, Business News

The American taxpayers own Yellowstone, Yosemite, the Grand Canyon, dozens of parks, monuments, wildlife refuges, forests, pastureland, government com...

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Business Plan That Will Immediately Restore Real Estate Values

Grant Cardone | Posted 10.27.2008 | Business

Read More: Aig, Freddie Mac, Bailout, Economy, Paulson, Bernanke, Housing, Fannie Mae, Real Estate, Recession, Business News
Grant Cardone

A bailout that doesn't include getting products off the books of the government and and into the hands of investors or buyers that are willing and qualified to bear the risk of ownership will fail.

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How Can Capitalism Ever Be The Same?

Weekly Standard | Irwin M. Stelzer | Posted 10.27.2008 | Business

Read More: Aig, Freddie Mac, Finance, Economy, Bailouts, Banks, Federal Reserve, Fannie Mae, Henry Paulson, Bailout Plan, Wall Street Crisis, Wall Street, Business News

NO MATTER WHAT deal is finally cut between Hank Paulson, the Democrats, and unhappy conservative Republicans, or even if no deal at all is finally wo...

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The Economic Shock: An Interview With Naomi Klein on the Current Crisis

Wajahat Ali | Posted 10.26.2008 | Politics

Read More: Naomi Klein Interview, Naomi Klein, The Shock Doctrine, Economy, Naomi Klein Economy, Section 8, International Monetary Fund, Free Market Finance, Imf, Fannie Mae, Clinton Administration, Bush Administration, Freddie Mac, Argentina Federal Debt, Chile Federal Debt, Laissez-Faire, Shock Economics, Free Market Ideology, Politics News
Wajahat Ali

"There are a lot of things the taxpayers have a right to ask of Wall Street in exchange for these bailouts." (Klein)

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IS THERE ANY SUCH THING AS CRAZY TODAY?

Jim Randel | Posted 10.26.2008 | Business

Read More: Treasury Department, T. Boone Pickens, John McCain, Freddie Mac, Wall Street, Bailout, Fannie Mae, Federal Reserve, Subprime Mortgages, Housing Crisis, Barack Obama, Kevin Phillips, Mccain Wall Street Crisis, Business News
Jim Randel

A few weeks ago I put aside a draft post that I had prepared suggesting that the Federal Government should spend its money - not on bailing out financ...

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The 'Bailout From Hell' Must be Rejected

Bob Barr | Posted 10.26.2008 | Politics

Read More: Bob Barr, Henry Paulson, Fannie Mae, Bailout, Libertarian Party, Bob Barr Libertarian, Wall Street Crisis, Politics News
Bob Barr

The bailout allows the Secretary of the Treasury to become an economic dictator, empowered to re-engineer the economy as he sees fit. These powers fit Kim Jong-il's North Korea, not the American republic.

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The FBI to the Rescue

ProPublica | Posted 10.25.2008 | Business

Read More: Fannie Mae, Financial Crisis, Operation Malicious Mortgage, American International Group, Freddie Mac, Lehman Brothers, Fbi, Wall Street Crisis, Business News
ProPublica

The FBI is probing four of the stricken companies at the center of the current financial crisis, but the reason for the haziness is abundantly clear: they don't seem to have a clear indication that a crime might have been committed.

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Bankers' Brains, Market Behavior

Peter A. Ubel | Posted 10.25.2008 | Business

Read More: Psychology, Markets, John McCain, Wall Street Crisis, Behavioral Psychology, Economics, Wall Street, Aig, Herd Instincts, Freddie Mac, Lehman Brothers, Fannie Mae, Business News
Peter A. Ubel

Rationally directed greed would never have led us to this financial crisis. People are not nearly as rational as the market evangelists in the Republican Party would have us think.

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Is the Gasbag Lying? Or is He Just Ignorant?

Jan Herman | Posted 10.25.2008 | Media

Read More: Liberal Media, Fannie Mae, John McCain, Freddie Mac, Steve Schmidt, Gasbag, Rick Davis, Media News
Jan Herman

When that salary ended, Davis asked for, and received, a consultant fee from Freddie Mac that payed him $15,000 a month.

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CNBC Giving Airtime to Bailout Winners

Raymond J. Learsy | Posted 10.25.2008 | Media

Read More: Fannie Mae, Cnbc, Pimco, Freddie Mac, Bil Gross, Bailout Plan, Warren Buffet, Bailout, Media News
Raymond J. Learsy

Question: will PIMCO CEO Bill Gross be asked exactly how the bailout will impact his fund's bond holdings, and to what degree of profit? Or will he simply be given free reign to lecture us about the stormy seas ahead?

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Fundamentally Wrong

Gerald McEntee | Posted 10.24.2008 | Politics

Read More: Say on Pay, John McCain, Executive Salaries, John McCain Lobbyist, Deregulation, Fannie Mae, Bailout, Wall Street, Mortgage Crisis, Great Depression, Wall Street Crisis, Politics News
Gerald McEntee

American families have already seen what unregulated corporate gurus can do, yet McCain wants the insurance industry to enjoy the same kind of unregulated excess that he gave the investment bankers.

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It's Time for the "Deregulators" Like McCain to Step Aside and Shut Up

Mitchell Bard | Posted 10.23.2008 | Politics

Read More: Mccain Deregulation, John Boehner, Derivatives, Rick Davis, This Week, Rick Davis Fannie Mae Freddie Mac, Subprime Bailout, Fannie Mae, Republican Deregulation, Chris Dodd, Democrats Bailout, Political News, Freddie Mac, George Stephanopoulos, Phill Gramm, Subprime Mortgage Crisis, Deregulation, Warren Buffett, Fannie Mae Freddie Mac Bailout, Bipartisanship, John McCain Keating 5 Scandal, Glass-Steagall, Politics News
Mitchell Bard

How can a guy like John Boehner, who got us into this mess in the first place, have the unmitigated nerve to try and dictate the terms of how to fix things?

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Senator McCain's Fannie Problem

Sunil Chacko | Posted 10.23.2008 | Business

Read More: John McCain, Robert Zoellick, Senator McCain, Congressional Subpoenas, Ceo, Jim Johnson, Senator Obama, McCain Campaign, Fannie Mae, Accounting Irregularities, Immunity, Advisor, John Huntsman Jr., George W. Bush, World Bank, Barack Obama, Paul Wolfowitz, World Trade Organization, Project for a New American Century, Wto, Business News
Sunil Chacko

Zoellick would have to comply with Congressional subpoenas to explain having headed the lobbying activities for Fannie Mae.

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Dear CEOs: Pay For Your Own Round of Golf

Andy Stern | Posted 10.23.2008 | Business

Read More: Aig, Freddie Mac, Wall Street, American Dream, Wall St Crisis, Ceos, Financial Crisis, Fannie Mae, Business News
Andy Stern

It's not enough to talk about foreclosures. It's not enough to acknowledge the impact on ordinary people without addressing the root cause of the crisis: basic inequality.

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The Bailout: The Bond Billionaires Piggybacking The American Taxpayer For Another Gilded Ride

Raymond J. Learsy | Posted 10.22.2008 | Business

Read More: Fannie Mae, Cnbc, New York Times, Freddie Mac, Wall Street Bailout, Pimco, Wall Street Journal, Wall Street Crisis, Business News
Raymond J. Learsy

As the outlines of the "bailout" package come into focus, initially limiting the bailout to redeeming assets from American institutions, the fine hand of the influence peddlers are already all over the program.

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Four Fannie Mae Execs Depart

AP | Posted 10.21.2008 | Business

Read More: Fannie Mae, Fannie Mae Execs, Fannie Mae Execs Depart, Business News

WASHINGTON — Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senio...

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McCain Appears Wrong on Fannie Mae

MSNC | Posted 10.20.2008 | Politics

Read More: Fannie Mae, John McCain, Politics News

On the campaign trail in Minnesota today, McCain incorrectly suggested that the executive pay that former Fannie Mae CEOs Frank Raines and Jim Johnson...

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When In Doubt, Yell "Fannie Mae"

David M. Abromowitz | Posted 10.20.2008 | Business

Read More: Deregulation, Financial Crisis, Fannie Mae, Mortgage Meltdown, Senate Republicans, Housing Crisis, Business News
David M. Abromowitz

Why do Republicans point to Fannie and Freddie when asked about the current housing crisis? Only to change the subject and point away from the inevitable outcome of pervasive underregulation.

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Sam Stein

Campaigns Go After Each Other's Economic Advisers

HuffingtonPost.com | Sam Stein | Posted 10.20.2008 | Politics

Read More: Freddie Mac, Fredrick Raines, Obama Aides, Phil Gramm, Carly Fiorina, Ad Advisers, Mccain Aides, John McCain Ad, Jim Johnson, Barack Obama Ad, Fannie Mae, Campaign Advisers, Politics News

The tussle between the campaigns over economic matters has turned into a back-and-forth over friends and advisers. On Friday morning, the McCain cam...

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Greed in the Economy: It's the Morality, Sinner

Jim Wallis | Posted 10.19.2008 | Business

Read More: Bear Stearns, Greed, Materialism, Investment Banks, Mortgage Backed Securities, Lehman Brothers, Fannie Mae, Business, Adjustable Rate Mortgages, Merrill Lynch, Aig, Freddie Mac, Wall Street, Subprime Lenders, Subprime Mortgage Crisis, Bible, Consumer Ethics, Sin, Housing, Ethics, Fannie Mae and Freddie Mac, James Carville, Capitalism, Economy, Religion, Lea, Business News
Jim Wallis

Our financial collapse is the fiscal consequence of the economic philosophy that markets are always good and government is always bad. But it is also the moral consequence of greed.

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