Us Treasury

Freddie and Fannie: Republican victims

Diane Francis | Posted 07.15.2008 | 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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How The Government Would Bail Out Fannie Mae, Freddie Mac

AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 07.14.2008 | 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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Cheney Grand Theft

Jeff Danziger | Posted 05.04.2008 | Politics

Read More: Grand Theft Auto, Bush Administration, Cheney, Us Treasury, Cartoons, Cartoon, Political Cartoons, Politics News
Jeff Danziger

2008-05-04-danzigercheney.jpg

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Dining with the Oligarchy

Christine Ebersole | Posted 04.25.2008 | Politics

Read More: Central Bank, Us Treasury, Bill Donaldson, New York Stock Exchange, Securities and Exchange Commission, Politics News
Christine Ebersole

As the endive and pear salad was put before me, I began chatting with the handsome man "on the right". He told me that he had just come from attending a Barack Obama hullabaloo at Cooper Union.

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Rob the Poor to Pay the Rich

Ann Lee | Posted 11.24.2007 | Business

Read More: Fannie Mae, Ben Bernanke, Wall Street, Us Treasury, Gerald Corrigan, Citicorp, Aig, Business News
Ann Lee

This latest boom and bust of subprime mortgages, out-of-control credit card issuance and private equity acquisitions have created the largest transfer of wealth from the poor to the rich in modern history.

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