On AlterNet: fannie mae

Stories, blog posts, and videos tagged as "fannie mae"

The Absurd Zombie Lie About the Economy Right-Wingers Desperately Cling To -- And Why It's Totally Wrong

Joshua Holland, AlterNet. December 4, 2011.

Home loans didn't bring on the recession; gimmicky financial instruments bloated to 100 times their value are what caused all this pain.

Foreclosure Mills: America's Newest Housing Nightmare

Andy Kroll, Mother Jones. August 7, 2010.

Borrowers are getting screwed again as bailed-out banks send their foreclosure dirty work to con artists with a history of breaking the law.

Why Fannie and Freddie Continue to Cost Taxpayers Billions

delete, The Huffington Post Investigative Fund. March 24, 2010.

Together the two firms have already tapped $125 billion from government lifelines and the Congressional Budget Office predicts they ultimately will drain $380 billion.

Obama's Outrageous Christmas Gift to Fannie and Freddie

Dean Baker, Comment Is Free AlterNet: Corporate Accountability and WorkPlace. December 28, 2009.

After throwing the economy into the worst downturn since the Great Depression, the financial industry has used its political power to become stronger than ever.

Code Pink Cofounder Clashes with Fannie Mae and Freddie Mac

ZP Heller, PINKtank AlterNet: Video. October 21, 2008.

Protesting the annual Mortgage Bankers Association convention in San Francisco.

Hank Paulson and His Wall Street Cronies Move to Plan B

Nomi Prins, The Nation. October 15, 2008.

Paulson and his wheeler-dealer pals have proven more interested in preserving their own wealth than in stabilizing the American economy.

The $700 Billion Bailout: One More Weapon of Mass Deception

Richard W. Behan, AlterNet. September 22, 2008.

The American economy needs help, but there are other, far more equitable ways to accomplish it.

Bush's Disastrous 'Rescue' of the Finance Industry

Robert Kuttner, Boston Globe. September 18, 2008.

The Bush administration's strategy boiled down to allowing Wall Street to privatize the gains while government socialized the losses.

Big Banks Go Bust: America's Financial System in Crisis

The Nation and Campaign for America's FutureSeptember 16, 2008.

Authors Bill Greider and Dean Baker argue that the latest Wall Street woes expose the finance industry's deep need for reform.

Another One Bites the Dust: What's Behind the Crash of Lehman Bros

Otto Spengler, Asia Times. September 15, 2008.

The wake of the financial meltdown on Wall Street is going to badly damage confidence about retiring on an investment portfolio.

George Soros: A Danish Solution to America's Housing Mess

George Soros, AlterNet. September 13, 2008.

Washington's recent compromise on the fate of Fannie Mae and Freddie Mac constitutes the worst of all possible worlds.

Nationalize Fannie Mae? It Worked Until It Was Privatized

Robert Kuttner, Huffington Post. September 9, 2008.

Amid all the hubbub, it's important to remember Fannie Mae's pedigree.

Congress's Housing Bailout: Too Little Too Late?

Mark Winston Griffith, Drum Major Institute AlterNet: Rights and Liberties. July 28, 2008.

American Housing Rescue and Foreclosure and Prevention Act of 2008 recently passed the House after lumbering around the halls of Congress for months.

Are Fannie and Freddie Screwed? Bush Hopes So

Scott Thill, AlterNet. July 21, 2008.

Bush has set about destroying the decades-old lenders for good, plunging his knife into the backs of programs that helped normal Americans.

The Basics: Just what the Heck Are Fannie Mae and Freddie Mac?

Vince Farrell, Huffington Post. July 14, 2008.

A primer on the two lenders making news this week.