Freddie Mac
Plans to Reform Fannie Mae and Freddie Mac on the Horizon
Earlier this week President Obama announced his intent to drastically overhaul Fannie Mae and Freddie Mac. “We’ve got to turn the page on this kind of bubble and bust mentality that helped to create this mess in the first place,” he said in an address at Desert Vista High School in Phoenix, Arizona on Tuesday. […]
Financial crisis commission blames Wall Street
Who or what was responsible for the worst economic crisis since the 1920s? Could it have been prevented? That is what the Financial Crisis Inquiry Commission set to find out when they interviewed over 700 people. Today they release their 576 page report.
Money: Goldman’s political influence, Fannie Mae stocks still trading heavily despite low worth
Louise Story explains why Goldman Sachs is choosing not to put money into political advertising despite the Supreme Court ruling that lessened restrictions. She also takes a look at why Fannie Mae stock, while worth little, is still trading heavily.