Freddie and Fannie: Republican victims
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.
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.
Wall Street Journal | Posted 06.17.2008 | Business
When Bear Stearns was dying (and even just before) many wondered what would happen to its successful prime brokerage business, which is engaged in the...
Michael Pento | Posted 05.08.2008 | Business
Yesterday's earnings report from government sponsored Fannie Mae should cause investors to question whether the very entity charged with saving the real estate market will actually need to be rescued itself.
Vivian Norris de Montaigu | Posted 04.19.2008 | Business
Banks in France, especially ones which began as "village banks" like Muhammed Yunus' own Grameen, have mutualist roots to begin with and are deeply linked to their communities well-being.
Before the largest crowd of his campaign, Democratic presidential contender Barack...
**UPDATE 7/25** ThinkProgress now reports that the bar...
Major news organizations are drawing...
There is one more John McCain gaffe that...
As we have observed throughout the last several years,...
In a flagrant political act, the State Department has...
John McCain's famously cozy relationship with the press is getting a bit testy. Taking questions in...
** Update below: Nas delivers Fox petition to Stephen...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
HOUSTON — A "dead zone" in the Gulf of Mexico off...
A chimp in Japan escaped the sweltering confines of his cage, and a zookeeper with a tranquilizer gun...
WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at...
Diane Francis | Posted 07.15.2008 | Business