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Gov Mac »
If you have been living under a rock you may not have heard the the ol’ US of A has taken over both Freddie Mac and Fannie Mae. Given the complete debacle that these two companies turned out to be, and the fact that a huge portion of the US economy, and oddly enough the [...]
More on Mae and Mac »
I wrote a piece a few days back on Fannie Mae and Freddy Mac that spoke a bit to the idea of how business and state are mixing. Well to up that this happened. I suggest you read it. According to National Public Radio news this morning this basically means that Fannie Mae and Freddie [...]
The Elephant in the Room »
Ever heard of Fannie Mae? Freddie Mac? I had heard of them, but until two days ago I didn’t really realize why they were important. (The links I have provided point to write-ups done on these two corporations dating back several years, prior to the housing bubble bursting.) Prior to learning about them I had just [...]