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October 26, 2016
Truthdig: Drilling Beneath the Headlines
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Fred Tomaselli: The Times

Fred Tomaselli: The Times

Lawrence Weschler

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Tag: Freddie Mac Fannie Mae

AP/Charles Dharapak

It’s Good to Be a Goldman

Here’s a get-out-of-jail-free card, and while we’re at it, take this obscenely huge bonus for having wrecked the economy.

Posted on Feb 1, 2013 READ MORE


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Flickr/respres (CC-BY)

Why Freddie Mac Resisted Refis

Freddie Mac, the taxpayer-owned mortgage giant, made it harder for millions of Americans to refinance their high-interest-rate mortgages for fear it would cut into company profits, present and former Freddie Mac officials disclosed in recent interviews.

Posted on Oct 26, 2012 READ MORE

Flickr / respres (CC-BY)

Obama Rolls Out New Plan to Help Homeowners

President Obama is doing an end run around Congress with a new strategy to target one of the most crucial sectors of the U.S. economy, and one clearly in need of serious resuscitation—the mortgage market. This first installment of Obama’s proposed economic rehab program, which he dubbed the “We Can’t Wait” campaign ... (more)

Posted on Oct 24, 2011 READ MORE

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