Investors in both Fannie and Freddie need to consider that both companies may disappear entirely.
Fannie Mae and Freddie Mac, tired of buying up bad loans, are forcing banks to take them back.
The retiring senator leaves a legacy blackened by cozy ties to the financial industries he was supposed to oversee.
My thoughts on an article by Tara Servatius of Creative Loafing titled 'Mops away!: Meet your new subprime lender.'
| Tags: | Fannie MaeFreddie Mac |
Stocks fall after rating and target price cut.
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Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
MARKET DISPATCHES
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FRUGAL COOL
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
Those shackled with student loan debt are increasingly being targeted by scams and shady companies promising relief.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
