Relevant:
- Freddie Mac profit jumps; will pay U.S. Treasury $4.4 billion | Reuters
- Freddie Mac and Fannie Mae Quick Fix Could Cost Taxpayers
- Fannie, Freddie Fighting With Banks Over Responsibility For Housing Crisis
- Fannie-Freddie Bailout Could Cost Taxpayers $1 Trillion
- Fannie, Freddie Housing Goals May Exclude Subprime
2013-01-02 — propublica.org
In the aftermath of the financial crisis, American taxpayers poured $187.5 billion into two huge but poorly understood companies: Freddie Mac and Fannie Mae. Now controlled by the government, the companies play an even larger role in the economy than they did before the crisis and their bailout, but they are riven by conflicts of interest and clashing goals.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.