Fannie Mae Freddie Mac Bailout

It's the Mortgages: How to Restore the Health and Stability of the Economy

Graciela Chichilnisky | Posted 11.17.2008 | Business

Read More: Mortgages, Freddie Mac, Defaults, Bailout, Mortgage Crisis, Financial Crisis, Fannie Mae, Credit Default Swaps, Fannie Mae Freddie Mac Bailout, Mortgage Defaults, Business News
Graciela Chichilnisky

The true root cause of the financial crisis starts with the continued defaults on mortgages that magnify and snowball throughout the entire financial system.

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Bailout Votes Could Hurt Congressional Candidates

AP | Dennis Conrad | Posted 10.14.2008 | Chicago

Read More: Bill Foster Jim Oberweis, Fannie Mae, Jim Oberweis, Bailout Vote, Peter Roskam, Jill Morgenthaler, Illinois Delegation Bailout Votes, Judy Biggert, Judy Biggert Bailout Switch, Freddie Mac, Bailout, Bill Foster, Illinois Bailout Vote, Illinois Congressional Races, Fannie Mae Freddie Mac Bailout, Scott Harper, Chicago News

WASHINGTON - The nation's economic uncertainty is creating political uncertainty for a few Illinois politicians running for re-election. Congressiona...

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Financial Bailout Stiffing Many Chicago Banks

Crain's Chicago Business | Paul Merrion | Posted 10.13.2008 | Chicago

Read More: National Bank of Commerce, Government Bailout, Bailout, Northern Trust Corp., Robert Glickman, Chicago Business, Fannie Mae Freddie Mac Bailout, Chicago Banks, Corus Bankshares Inc., Chicago News

Like many Chicago execs, Robert Glickman is studying the fine print of the $700-billion federal financial rescue plan. "I don't think they'll buy a l...

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House of Cards on a Bed of Sand

Jeff Schweitzer | Posted 09.29.2008 | Business

Read More: John McCain, Wall Street Crisis, Bailout, Wall Street, Economy, Economic Crisis, Fannie Mae Freddie Mac Bailout, Business News
Jeff Schweitzer

Wall Street is a casino rigged against investors sold false hope by unscrupulous companies sanctioned by government to deceive customers.

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Spotlight on the House: Oversight and the Bailout

Charles A. Gonzalez | Posted 09.26.2008 | Politics

Read More: John McCain, Wall Street Crisis, Wall Street, Bailout, George W. Bush, Charles A. Gonzalez, Bear Stearns, Fannie Mae Freddie Mac Bailout, Politics News
Charles A. Gonzalez

With no congressional oversight or government regulation, there was no one to ask where the emperor's clothes were.

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Less Outrage -- More Repentance Please

Larry Gellman | Posted 09.26.2008 | Politics

Read More: Congress, John McCain, Greenwich, Judaism, Jewish Culture, News Media, Bailout, Democratic Party, Catholic Church, Religion, Aig, Synagogue, Henry Paulson, Religion and Politics, Warren Buffett, Fannie Mae Freddie Mac Bailout, Jewish Voters, Politics News
Larry Gellman

It was appropriate that outrage be expressed during those hearings, but the criticism should have been directed from Paulson to the members of Congress.

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Democrats and Republicans Made The Mortgage Crisis -- Quit The Blame Game

Stephen C. Rose | Posted 09.24.2008 | Politics

Read More: Barack Obama 2008, Congressional Democrats, John McCain, Fannie, Bailout, Senate Republicans, Bill Clinton, Freddie, Sanford Weill, Fannie Mae Freddie Mac Bailout, Bob Rubin, Barack Obama, Financial Meltdown, Glass-Steagall, Mortgage Crisis, Politics News
Stephen C. Rose

By Stephen C. Rose There are two key pieces of evidence in the maelstrom we are now calling a meltdown -- but which began with a mortgage crisis. The...

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

Mitchell Bard | Posted 09.22.2008 | 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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McCain, Obama Bailout Support Is Hesitant

NY Times | JOHN HARWOOD and MICHAEL COOPER | Posted 09.22.2008 | Politics

Read More: John McCain, Hank Paulson, Bailout, Henry Paulson, Fannie Mae Freddie Mac Bailout, Barack Obama, Politics News

PHILADELPHIA -- Senators John McCain and Barack Obama warned Sunday that there should be more oversight built into the government's $700 billion plan ...

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Sweetening the Trillion Dollar Bailout

Sasha Abramsky | Posted 09.22.2008 | Politics

Read More: Trillion Dollar Bailout, Political Crisis, Mortgages, Unemployment, Nationalization, Subprime Mortgages, Public Housing, Financial System Bailout, Bear Stearns Bailout, Bailout, Inflation, Fannie Mae Freddie Mac Bailout, Capitalism, Housing Crisis, Politics News
Sasha Abramsky

It's been said so many times this week, it hardly needs restating, but I'll restate it anyway: the financial collapse we're in the middle of, and the ...

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Wall Street Herds go to Slaughter

Grant Cardone | Posted 09.19.2008 | Business

Read More: Wall Street, Merrill Lynch, Bear Stearns, Fannie Mae Freddie Mac Bailout, Lehman Brothers, Recession, Business News
Grant Cardone

The investor needs to immediately reevaluate all of his investment and make sure he fully understands and can easily explain exactly where and what his investments are.

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Republicans Prefer Fiction

Christopher Fink | Posted 09.19.2008 | Home

Read More: Lies, John McCain, Bear Stearns Bailout, Bailout, Lehman Brothers, Economy, Stock Market, Fannie Mae Freddie Mac Bailout, GOP 2008, Recession, Republicans, Foreclosure Crisis, Home News
Christopher Fink

When the financial crisis hit this week, the media swiftly declared that dealing with such a reality helped Obama and the Democrats. McCain was on the defensive because actual issues, such as the economy, had taken the spotlight away from pigs with lipstick.

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Freddie Mac Boss Selling $5 Million Vacation Home (PHOTOS)

Huffington Post | Posted 09.18.2008 | Business

Read More: Anthony Piszel, Banking Crisis, Anthony Piszel Easton, Fannie Mae Freddie Mac Bailout, Freddie Mac, Wall Street, Anthony Piszel Home, Business News

Freddie Mac CFO Anthony "Buddy" Piszel must be feeling the crunch, as the NY Post reports he is selling his Maryland vacation home for $5 million Pisz...

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McCain-Obama-Backed Bailout of Fannie and Freddie is Bad Policy

Bob Barr | Posted 09.17.2008 | Politics

Read More: Bob Barr, Fannie Mae, Fannie Mae Freddie Mac Bailout, Freddie Mac, Bob Barr Libertarian, Economy, Politics News
Bob Barr

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.

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Wall Street Journal Editorial Board Stifles Dissenting Opinion

Rep. Barney Frank | Posted 09.16.2008 | Media

Read More: Fannie Mae, Fannie Mae Freddie Mac Bailout, Freddie Mac, Wall Street Journal, Barney Frank, Media News
Rep. Barney Frank

The Journal's recent misleading and inaccurate editorial on my relationship with Fannie Mae and Freddie Mac leaves out one central fact, and it does so in a very revealing fashion.

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Why the Financial Meltdown Reflects the Fundamental Failure of the Bush-McCain Economic Philosophy

Robert Creamer | Posted 09.16.2008 | Politics

Read More: Presidential Election, Obama, Mccain, Economic Policy, Market Meltdown, Lehman Brothers, Economy, U.S. Economy, Phil Gramm, John McCain, Tragedy of the Commons, McCain Economy, Fannie Mae, 2008 Election, Barack Obama, Merrill Lynch, Freddie Mac, Fannie Mae Freddie Mac Bailout, Politics News
Robert Creamer

The American mortgage market now provides us with another clear example of how the fundamental premise of right-wing economic thought is dead wrong.

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In a Gloomy Economy, Signs of Light

Robert Reed | Posted 09.15.2008 | Business

Read More: Merrill Lynch, Lehman Bankruptcy, Economy, Bank of America, Economic Troubles, Lehman Brothers Bankruptcy, Fannie Mae Freddie Mac Bailout, CVS Pharmacies, Longs Drug Stores, Bank of America Merrill Lynch Buyout, Walgreens, Subprime Crisis, Bofa, Business News
Robert Reed

At a time when the stock market is plunging and a once-venerable Wall Street investment house is going bankrupt, it may seem like all is lost. Not true. In fact, amid the carnage, some examples have emerged that stir --shall we say--a cautious optimism about getting free of this mess.

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Momonomics 101: How We Pay for War

Robyn O'Brien | Posted 09.15.2008 | Living

Read More: Taxes, U.S. Economy, Lipstick, Economics, Economy, Deficits, Election 2008, Moms, Lehman Brothers, Fannie Mae Freddie Mac Bailout, Living News
Robyn O'Brien

As a mother of four, I don't do lipstick, but I understand economic policy, having earned an MBA on a scholarship and graduated as the top woman in my class.

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A Terrible Day for the Economy, But a Great Day to Note the Social Security Noncrisis

Harold Pollack | Posted 09.15.2008 | Business

Read More: Federal Deficit, McCain Social Security Privatization, Social Security Crisis, Economy, Lehman Brothers, Merrill Lynch Buyout, Lehman Brothers Bankruptcy, Fannie Mae Freddie Mac Bailout, Business News
Harold Pollack

Whatever you may hear, the system is in remarkably good shape these days, even as everything else seems headed to hell in a hand basket. Today is a great day to remember how terrific Social Security really is.

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Truth is, We're Screwed (Video)

Charles Karel Bouley | Posted 09.15.2008 | Politics

Read More: 2008 Election, Economy, Fannie Mae, Fannie Mae Freddie Mac Bailout, Lehman Brothers, Recession, Politics News
Charles Karel Bouley

Not one person on the campaign trail can really say what is becoming painfully clear: for the near future, for the next decade or so, we're all screwed.

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A Children's Story: NPR, NY Times and the Media fail to Explain Fannie/Freddie Debacle

Yvette Kantrow | Posted 09.12.2008 | Media

Read More: Npr, New York Times, Fannie Mae, Hank Paulson, Freddie Mac, Fannie Mae Freddie Mac Bailout, Bazooka, Media News
Yvette Kantrow

So what, dear reader, does the federal bailout of Fannie Mae and Freddie Mac mean for you? That was the question the media was burdened with answering...

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Freddie-Fannie Payoffs

Jeff Danziger | Posted 09.10.2008 | Business

Read More: Daniel Mudd, Severance Pay, Henry Paulson, Richard Syron, Fannie Mae Freddie Mac Bailout, Political Cartoons, Business News
Jeff Danziger

...

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The Future of Fannie and Freddie

David M. Abromowitz | Posted 09.09.2008 | Business

Read More: Fannie Mae, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Business News
David M. Abromowitz

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.

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Fannie Help Mae and Freddy Macked

Ben Cohen | Posted 09.09.2008 | Politics

Read More: Fannie Mae Freddie Mac Bailout, Economy, Politics, Money, Politics News
Ben Cohen

The moral of the story? Lobby the government to write your own legislation, make millions when markets are up, get bailed out when markets are bad, walk away with even more money. Simple, eh?

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Fannie/Freddie Fallout: The US' Financing Bill is Coming Due

Hale "Bonddad" Stewart | Posted 09.09.2008 | Business

Read More: Economy, Fannie Mae Bailout, Freddie Mac, Fannie Mae, Fannie Mae Freddie Mac Bailout, Fannie Freddie Rescue Plan, Housing Crisis, Recession, Business News
Hale

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.

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