Keyword: mortgage bailout

The Fannie and Freddie Government Makeover

The Fannie and Freddie Government Makeover

Conventional Wisdom Conventional wisdom would seem to indicate that Fannie Mae and Freddie Mac being put into conservatorship by the government is an ominous sign and ‘bad’ for shareholders, taxpayers and the overall economy. Lets see, Fannie and Freddie’s (remaining) shareholders now own stock that is worth as much as a copy of the New York Times Sunday edition (check) ...

Jeff Corbett | 2008/09/08  | 25 Comments News

The Fannie and Freddie Government Makeover

The Fannie and Freddie Government Makeover

Conventional Wisdom Conventional wisdom would seem to indicate that Fannie Mae and Freddie Mac being put into conservatorship by the government is an ominous sign and ‘bad’ for shareholders, taxpayers and the overall economy. Lets see, Fannie and Freddie’s (remaining) shareholders now own stock that is worth as much as a copy of the New York Times Sunday edition (check) ...

Jeff Corbett | 2008/09/08  | 25 Comments News