Government Finds New Ways to Perpetuate the Bailouts of Fannie & Freddie

By: Ben Howe (Diary)  |  September 21st at 08:17 AM  | 

The cost of the bailouts seems never-ending and more of the mounting evidence that it didn’t work, like a bailout recipient laying off 16,000 workers this year, continue to make the news. Tied to the root cause of the financial meltdown of 2007-2008, are mortgage giants Freddie Mac & Fannie Mae in light of their penchant for bundling sub-prime mortgage securities in the years preceding | Read More »