Topic: U.S. House Committee On Financial Services

Fannie, Freddie and Washington: Denial Ain't Just a River

SeekingAlpha - 905 days ago
In fact, it is hard to think of a circumstance where a failure to acknowledge reality was more evident than in regard to the systemic threat posed by the government-sponsored enterprises, especially Fannie Mae (FNM) and Freddie Mac (FRE). I note, for ...

The Party Is Over: The Crisis We Borrowed & Spent Our Way Into

SeekingAlpha - 1215 days ago
More than just a mere liquidity or credit crisis, the current financial storm represents the death throes of the old global economic order, and perhaps the birth pains of a new one. In the United States, credit is gone because savings are ...