fannie mae - Page 4 of 4

Did Bush Put a Hit Out on Fannie, Freddy?

Staff / Truthdig Jul 22, 2008 From madcap marketeer Jim Cramer to wired alt-blogger Scott Thill, there are more than a few braniacs who believe the Bush White House did not just watch the collapse of Fannie Mae and Freddy Mac but actually engineered it as yet another sortie in the long GOP war against the New Deal. Never fear, though, as The Onion has already written a satirical report on efforts to build a better bubble. Dig deeper ( 1 Min. Read )

The Real Legacy of the ‘Reagan Revolution’

Robert Scheer / Truthdig Jul 16, 2008 McCain campaign co-chair Phil Gramm is right: We have "become a nation of whiners." But who is whining more than the bankers that former Sen. Gramm's financial deregulation legislation benefited? The very bankers who now expect a government bailout, such as those at UBS Investment Bank, where Gramm found lucrative employment. Dig deeper ( 3 Min. Read )

Wall Street Socialism Meets Disaster Capitalism

Staff / Truthdig Jul 16, 2008 Freddie Mac and Fannie Mae were always more foul than fish, says Robert Borosage, and the bailout announced by the Treasury secretary over the weekend will mean "private speculators, having driven the stock down, will clean up on the upside." Dig deeper ( 1 Min. Read )

Bush Angling to Help Fannie and Freddie

Staff / Truthdig Jul 15, 2008 President Bush is still insisting that the U.S. economy is in generally good shape, even as he asks Congress to support legislation to help Fannie Mae and Freddie Mac, while insisting in the same breath that he's not proposing a "bailout" for the ailing mortgage companies. Hmmm. Dig deeper ( 1 Min. Read )

The Rise and Fall of Fannie and Freddie

Staff / Truthdig Jul 13, 2008 Although certain Washington denizens from both sides of the aisle might have been thrown when the two government-backed mortgage finance companies, Fannie Mae and Freddie Mac, hit the skids last week, several of their current and former colleagues had long seen the crisis coming. Dig deeper ( 1 Min. Read )