Freddie Mac Bailout

Freddie Mac Asks Government For $13.8 Billion

AP | ALAN ZIBEL | Posted 11.14.2008 | Business

Read More: Mortgages, Freddie Mac, Freddie Mac Bailout, Bailout, Finance, Economy, Financial Crisis, Federal Reserve, Housing Crisis, Mortgage Crisis, Business News

WASHINGTON — Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday. T...

Read Whole Story

Fannie, Freddie Bailout Yet To Achieve Goals

Washington Post | Posted 10.28.2008 | Business

Read More: Freddie Mac Bailout, Fannie Freddie Bailout, Fannie Mae Bailout, Housing Crisis, Business News

Almost two months ago, the government sought to revive the nation's ailing mortgage sector by seizing Fannie Mae and Freddie Mac and pumping money int...

Read Whole Story

Stuff Happens: The Mortgage Bailout and the Federal Budget

Scott Bittle and Jean Johnson | Posted 09.09.2008 | Business

Read More: Federal Debt, Fannie Mae, Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Federal Deficit, Federal Budget, Mortgage Crisis, Reality TV, Business News

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.

Read Post

Mrs. Palin Has No Clue "who" Freddie and Fannie Are

Diane Francis | Posted 09.08.2008 | Business

Read More: Fannie Mae, Fannie Mae Bailout, John McCain, Freddie Mac, Freddie Mac Bailout, Federal Deposit Insurance Corporation, Sarah Palin, Business News

Mrs. Palin may be relatively bright but she hasn't even a passing knowledge about the underpinnings of the financial or global capitalist system.

Read Post

Freddie and Fannie Bail-Out: Our Foreign Masters Have Spoken

Hale "Bonddad" Stewart | Posted 09.08.2008 | Business

Read More: Economy, Fannie Mae, Henry Paulson, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Business News

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.

Read Post

Fannie and Freddie Bail-Out: How We Got Here and The Plan To Get Us Out

Hale "Bonddad" Stewart | Posted 09.06.2008 | Business

Read More: Economy, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Housing Crisis, Business News

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.

Read Post

The Bail Out Boondoggle

Charles Hillestad | Posted 07.25.2008 | Home

Read More: Fannie Mae Bailout, George Bush Economy, Freddie Mac, Freddie Mac Bailout, Fiscal Crisis, Congress Bailout, Fannie Mae, Henry Paulson, 2008 Recession, Treasury Secretary Paulson, Home News

Does anyone still believe the GOP stands for financial security or conservatism? Isn't that just code for lining fat-cat pockets with our money? At what point does greed become a threat to national security?

Read Post

What Was Wall Street Drinking?

Michael Drucker | Posted 07.23.2008 | Business

Read More: Wall St Got Drunk, George Bush Wall St Hungover, George Bush Hungover, Government Bailout, Freddie Mac Bailout, Wall St Got a Hangover, Bush Wall Street Got Drunk, Fannie Mae, Foreclosure Rate, Freddie Fannie, Bush Wall Street Got a Hangover, Fannie Mae Bailout, Freddie Mac, Wall Street Got Drunk, Bush Wall St Got Drunk, George Bush Wall St Got Drunk, Subprime Mortgage Crisis, Foreclosure, George Bush Got Drunk, George Bush Wall Street Got Drunk, Bush Wall St Got a Hangover, Wall Street Got a Hangover, 236.Com, Business News

Read Post

The Ghosts of Greed Resurrected: Bailout Pirates Raid the US Treasury Again

Major R. Owens | Posted 07.22.2008 | Business

Read More: Mortgage Lenders, Congress, Fannie Mae Bailout, Freddie Mac, Bear Stearns Bailout, Freddie Mac Bailout, Fannie Mae, Bear Stearns, Fannie Mae Freddie Mac Bailout, Fannie Mae Freddie Mac Lobbying, Business News

Those who insist that the Fannie Mae and Freddie Mac are "too big to fail" must also vote to accommodate the millions of shelter seeking families who are too desperate and too numerous for Congress to fail them.

Read Post

Secretary Paulson's New Gig: Fannie And Freddie PR Man

New York Times | Stephen Labaton | Posted 07.22.2008 | Business

Read More: Fannie May, Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Bailout, Henry Paulson, Fannie Mae, Freddy Mac, Business News

Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...

Read Whole Story

Well Regulated BS

Amitai Etzioni | Posted 07.18.2008 | Politics

Read More: Fannie Mae Bailout, Campaign Finance Reform, Freddie Mac, Freddie Mac Bailout, Economy, Government Regulations, Banking, Banking Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Campaign Finance, Politics News

As long as politicians can take money from the industries that are supposed to be regulated, taxpayers will keep paying for the profiteering of these industries.

Read Post

Capitalism for the Poor, Socialism for the Wealthy

Byron Williams | Posted 07.18.2008 | Business

Read More: Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae, Fannie Mae Freddie Mac Bailout, Socialism, Capitalism, Business News

Like Fannie and Freddie, the American economy is also a hybrid of private and public participation. We are hardly a socialist society, but we are not paragons of capitalisms.

Read Post

Don't Ask, Don't Tell: the Media Circus over Fannie Mae and Freddie Mac

Yvette Kantrow | Posted 07.18.2008 | Media

Read More: Cnbc, Freddie Mac Bailout, Bryan Burrough, Vanity Fair, Richard X. Bove, New York Times, Fannie Mae, Wall Street Journal, Housing Crisis, Charles Schumer, Media News

Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?

Read Post

Freddie Mac Considers Stock Sale To Dodge Government Rescue

Wall Street Journal | James R. Hagerty, Monica Langley and Susan Pulliam | Posted 07.18.2008 | Business

Read More: Housing Market, Government Bailout, Freddie Mac, Freddie Mac Bailout, Freddie Mac Seizure, Housing Crisis, Lending Crisis, Freddie Mac Stock Sale, Business News

Mortgage giant Freddie Mac -- emboldened by emergency regulatory actions that have triggered a two-day rebound in its battered stock -- is considering...

Read Whole Story

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...

Read Whole Story

Administration Asks Congress For Huge Fannie Mae And Freddie Mac Bailout

New York Times | Stephen Labaton | Posted 07.13.2008 | Business

Read More: Freddie Mac, Freddie Mac Bailout, Economy, Mortgage Crisis, Fannie Mae, Fannie Mae Bailout, Business News

Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration on Sunday asked Congress to ...

Read Whole Story

Fannie Mae, Freddie Mac Bailout Would Cost Taxpayers Dearly

New York Times | GRETCHEN MORGENSON | Posted 07.13.2008 | Business

Read More: Freddie Mac, Mortgage Bailout, Government Bailout Fannie, Fannie Mae Freddie Mac Bailout, Freddie Mac Bailout, Fannie Mae Bailout, Fannie Mae, Mortgage Crisis, Business News

IT'S dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that's the show w...

Read Whole Story

Fannie Mae, Freddie Mac Stocks Plummet At Threat Of Government Bailout

New York Times | Michael M. Grynbaum | Posted 07.10.2008 | Business

Read More: Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae, Housing Crisis, Lending Crisis, Business News

Fannie Mae and Freddie Mac, the mortgage lenders at the heart of the nation's housing finances, fell to their lowest share prices in 17 years on Thurs...

Read Whole Story