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The Globe and Mail
May 15
Comment
Hedge fund manager is moving in on Fannie, Freddie preferred shares. Let him
TheStreet.com
May 15
Comment
NEW YORK (TheStreet) -- The U.S. budget deficit in 2013 is projected to shrink faster than earlier thought, thanks in large part to the government's new cash cows, bailed-out housing giants Fannie Mae and Freddie Mac.
The Congressional Budget...
Wall Street Journal
May 15
Comment
Some of the hedge funds that made fortunes in the housing-market crash are now betting on the recovery of Fannie Mae and Freddie Mac, the government-controlled mortgage giants.
Forbes
May 13
Comment
This guest article is by Michael Smallberg, an investigator with the Project On Government Oversight.
Wealth Daily
May 10
Comment
After its most recent dividend payment to the Treasury, Fannie Mae will have reduced the net cost of its bailout to $21.2 billion. But that doesn't mean everything's fixed...
Bankstocks.com
May 10
Comment
Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the
Bankstocks.com
May 10
Comment
The profitable mortgage giant will make a $59.4 billion dividend payment to the U.S. Treasury after a huge release of deferred
Wall Street Journal
May 10
Comment
The combined costs of the Fannie, Freddie and TARP programs, at $78.5 billion, are far below the trillions of dollars in losses feared during the worst days of the financial crisis.
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
I suppose a priapicnl reduction program would be better than nothing, but there is always the risk of unintended consequences or even operational failure when attempting such a specific intervention. Why not let monetary policy do the work in a continuous, predictable, and agnostic fashion? It would deliver benefits not only to home owners, but also by reducing the real return on the many large cash-equivalent investments amassed by corporations like Apple ($60B last I checked), spurring them to put funds to more productive use. And of course, monetary policy can benefit from the Chuck Norris effect. Fiscal policy hasn't exactly inspired such reactions of late.
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