On this day 56 years ago, the U.S. economy began to undergo a momentous change. It was Oct. 1, 1958, and the company known best for its...
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Drivers of Mortgage Choices by Risky Borrowers Fred Furlong, David Lang, and Yelena Takhtamanova FRBSF Economic Letter 2014-01 January 6,...
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Nice mashup: click for map Source: Bank Closure Map Updated September 5th, 2008 http://www.feedba.cc/live/banks.html
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Check out Nouriel on CNBC this morning — he is guest hosting, and makes so much sense it makes the rest of the guest list look...
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Nice discussion via Charlie Rose: Floyd Norris, Mohamed El-Erian, Gretchen Morgenson, Nouriel Roubini discuss the world’s biggest...
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So much for a relaxing weekend! We spilled plenty of pixels on Fannie (FNM) & Freddie (FRE)this weekend, as did lots of other folks....
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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...
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Here are the official statements on the Fannie & Freddie bailouts: Statement by Secretary Henry M. Paulson, Jr. on Treasury and...
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September 5, 2008 The Honorable Henry M. Paulson, Jr.Secretary United States Department of the Treasury1500 Pennsylvania Avenue,...
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