(Fortune Magazine) -- The recession is no doubt hurting you, perhaps badly. Your sales may well be down. Maybe you've even lost your job. Whatever you...
Robert Weissman | Posted 10.18.2008 | Business
If the Fed and Treasury succeed in controlling the situation and avoiding a collapse of the global financial system, then it is a near certainty that Big Finance will rally itself to oppose new regulatory standards.
Bob Barr | Posted 10.18.2008 | Politics
No one on Capitol Hill or in the White House will be held accountable for designing a system that enriched the housing industry at public expense.
Cenk Uygur | Posted 10.17.2008 | Politics
What happened, I thought the government was unnecessary? I thought "unfettered" markets would do their magic if you just deregulated them. Why are you fettering?
Robert Creamer | Posted 10.17.2008 | Politics
The American mortgage market now provides us with another clear example of how the fundamental premise of right-wing economic thought is dead wrong.
Raymond J. Learsy | Posted 10.16.2008 | Business
No matter the cost, no matter the damage to the public weal, there are always some who through access and sheer financial wherewithal will turn a national disaster to profitable gain.
Jonathan Tasini | Posted 10.12.2008 | Business
Since we are now on the hook for hundreds of billions of dollars to bail out Freddie Mac and Fannie Mae the management of those two institutions should now be handed over to the public.
Mother Jones | Posted 10.11.2008 | Politics
John McCain railed against Fannie Mae and Freddie Mac on the campaign trail today, saying that the CEOs that led the lenders to ruin "deserve nothing"...
Wall Street Journal | Heidi N. Moore | Posted 10.11.2008 | Business
Is it time for the government to help out Lehman Brothers Holdings? It has been all of two days since the Fannie Mae-Freddie Mac bailout was announce...
Robert Scheer | Posted 10.10.2008 | Politics
Ignorance is bliss, which perhaps explains Gov. Sarah Palin being so confidently wrong about the root cause of the federalization of most of the nation's mortgage market. But what is McCain's excuse?
Scott Bittle and Jean Johnson | Posted 10.10.2008 | Business
Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.
Jim Randel | Posted 10.10.2008 | Business
Today's (September 9) editorial in The New York Times, titled "The Bailout's Big Lessons" claims that one of the reasons the government had to act to ...
David M. Abromowitz | Posted 10.10.2008 | Business
The dramatic semi-nationalization of America's primary home mortgage companies is justified under the circumstances given that nearly 1 in 10 home mortgage borrowers today are in trouble.
Hale "Bonddad" Stewart | Posted 10.10.2008 | Business
One of the largest financial decisions of the last 100 years -- the decision to essentially nationalize elements of the mortgage market -- was driven by outside (non-US) investors.
Diane Francis | Posted 10.09.2008 | Business
Mrs. Palin may be relatively bright but she hasn't even a passing knowledge about the underpinnings of the financial or global capitalist system.
Hale "Bonddad" Stewart | Posted 10.09.2008 | Business
Nervous people all over the globe are what is driving this -- at least partially. And that should scare everyone. We are no longer in complete control of our sovereignty.
AP | TIM PARADIS | Posted 10.09.2008 | Business
NEW YORK — Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following...
Hale "Bonddad" Stewart | Posted 10.08.2008 | Business
Fannie and Freddie will grow a bit and then become far more manageable from a size perspective. This is a very sound policy, if only to prevent a bail-out of mammoth proportions from having to occur again.
AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 10.08.2008 | Business
WASHINGTON — The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it ...
AP | ALAN ZIBEL | Posted 10.07.2008 | Business
WASHINGTON — The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as Sunday, moved to the forefront of the presidential...
Hale "Bonddad" Stewart | Posted 10.07.2008 | Business
This post offers: 1) A brief explanation of what Fannie Mae and Freddie Mac do and why they are so important; 2) Why they are in trouble; 3) And overview of the government's plan.
AP | ALAN ZIBEL | Posted 10.06.2008 | Business
WASHINGTON — The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect...
Jon Raymond | Posted 10.02.2008 | Business
Want to know how to take back this country, or start a revolution? The answer is as obvious as the nose on your face. Banks. Take your money out of t...
AP | MARCY GORDON and ALAN ZIBEL | Posted 09.25.2008 | Business
WASHINGTON — Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw ...
Max Fraad Wolff | Posted 09.25.2008 | Business
What we are witnessing is the breakdown of the link between middle class America and the global financial markets it has over tapped across the last several decades.
Fortune | Geoff Colvin | Posted 10.19.2008 | Business