Fannie & Freddie Weekend Wrap Up/Linkfest
So much for a relaxing weekend! We spilled plenty of pixels on Fannie (FNM) & Freddie (FRE)this weekend, as did lots of other folks....
Treasury Takeover of GSEs: 10 Key Points
I am still working my way through the details of the GSE takeover by Treasury, but here is my initial read of the details: • FHFA will...
Treasury Announcements on Fannie/Freddie
Here are the official statements on the Fannie & Freddie bailouts: Statement by Secretary Henry M. Paulson, Jr. on Treasury and...
Treasury: Bailout Details Sunday 11 AM
As wee discussed Saturday, the details of the Fan-Fred bailout will be announced early Sunday at 11 am. In my opinion, this is very...
Spinning a Grand Old Fantasy
Jim McTague, a dyed in the wool Republican, is surprisingly negative on the McCain/Palin team. Recall that McTague forecast the GOP would...
Barney Frank: Treasury GSE Intervention is a “Done...
Congressman Barney Frank, Chairman of the Financial Services Committee, says this is really happening: "Rep. Barney Frank (D.,...
Roundup: Fannie & Freddie Bailout
Last evening, we asked what are the costs and consequences, as well as the market reaction to, the imminent bailout of Fannie Mae (FNM)...
Here Comes the Half Trillion Dollar Fannie/Freddie Bailout!
A series of high-level meetings between Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson, and the chief executives...
What Up With Pimco?
WTF is up with PIMCO ? Strange things are afoot at the biggest bond fund in the world. A weird sense of panic seems to be emanating from...
Can the Fed Save the (Financial) World?
Roger Altman, former deputy secretary of the Treasury, thinks so: "Today, regulatory authority is divided among the Federal Reserve,...