Fannie and Freddie Did Not Cause the Crisis
delong.typepad.com 11/20/2008 — Once again, Richard Green's refutation of the right-wing hack claim that Fannie and Freddie caused the crisis by leading poor private-sector financiers to make stupid loans: Richard's Real Estate and Urban Economics Blog: Charles Calomiris and ...

The Fannie/Freddie rescue bill just got a lot steeper
optionarmageddon.ml-implode.com 1/8/2009 — The Federal Home Loan Bank system could implode, adding billions more to the Fannie/Freddie bailout tab. Bloomberg : The Federal Home Loan Banks face potentially “substantial” losses on mortgage bonds, and in a worst-case scenario only four of ...

Fannie, Freddie Work on Mass Loan Modification Plan
online.wsj.com 11/11/2008 — WASHINGTON -- Fannie Mae , Freddie Mac and U.S. officials are expected to announce plans Tuesday to speed up the modification of hundreds of thousands of loans held by the housing finance giants, marking the latest effort to try and prevent more ...

Fannie, Freddie to Present Loan Mod Plan at 2PM ET
calculatedrisk.blogspot.com 11/11/2008 — From the WSJ: Fannie, Freddie Work on Mass Loan Modification Plan Fannie Mae, Freddie Mac and U.S. officials are expected to announce plans Tuesday to speed up the modification of hundreds of thousands of loans ... The streamlined effort will target ...

What to do about Fannie Mae and Freddie Mac?
woodwardhall.wordpress.com 1/27/2009 — Here are our recommendations. A discussion follows. The GSEs should be preserved, mainly because they are the most effective institutions for providing liquidity to the mortgage market. Most mortgage investors, including depositories, prefer ...

What’s Driving the Rally in Freddie and Fannie
hf-implode.com 8/10/2009 — " Fannie, Freddie and AIG have skyrocketed in the past week, he adds. Freddie gained about 19% and Fannie 14%, and AIG more than doubled. AIG is up again Monday, by 3.7% to about $28."

Fannie Freddie Phony
krugman.blogs.nytimes.com 11/17/2008 — So I was listening to Arnold Schwarzenegger before doing the This Weak round table, and he was mostly making sense - except for one thing. He asserted, as a simple matter of fact, that "government created the housing bubble", because Fannie and ...

Should the government own any part of the "good" Fannie and Freddie?
hf-implode.com 8/9/2009 — " If policymakers have learned anything from the subprime meltdown, it's that the hybrid model doesn't work. As the saying goes, it privatizes the upside and socializes the downside. There's no such thing as an "implicit" government guarantee -- if Wall Street pins its investing on the ...

Freddie Seeks Up to $35 Billion From U.S.; Fannie May Follow
bloomberg.com 1/24/2009 — Jan. 24 (Bloomberg) -- Freddie Mac , the mortgage-finance company under federal control, needs as much as $35 billion more in federal aid, and Fannie Mae may soon ask the U.S. Treasury Department for rescue funds as well. Freddie, which took $13.8 ...

Fannie, Freddie to Buy $40 Billion a Month of Troubled Assets
bloomberg.com 10/11/2008 — Oct. 11 (Bloomberg) -- Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate ...

Australia's economic stimulus: Hey, big spender — The Economist: Full print edition 2/5/2009
Kevin Rudd shops for a recovery HAVING inherited a booming economy when he led Australia’s Labor Party to power in late 2007, Kevin Rudd predicted optimistically last October that his country would avoid a recession during the global downturn. ...

More Stimulating — The Big Money 2/6/2009
Is the stimulus package really better for men than for women? That's what many prominent feminists, and even some male economists , are saying. Their charge: That the bulk of the work created would be in testosterone-fueled fields like ...

Summary of Obama's Press Conference — The Big Money 2/10/2009
Recommended reading: "Obama warns GOP he's no pushover"-- Politico Photo cred: The White House

Blame It on the Keynesians — The Big Money 2/11/2009
In Part 1 yesterday , Adam Davidson and Alex Blumberg looked at the life and economics of John Maynard Keynes. Today, in Part 2, Keynes' legacy gets shattered by the challenges of the 1970s and '80s. But in recent months, an unprecedented number ...

More Gloom, Please — The Big Money 2/11/2009
In the past week, the stock market reacted erratically to two huge government actions intended to shore up economic confidence. As this five-day chart of the Dow Jones industrial average shows, stocks rallied last Thursday and Friday as a deal ...