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Freddie and Fannie: Na Na Na Na, Na Na Na Na, Hey Hey-ey, Goodbye
- February 11, 2011
- Posted by: Ted Bullen
- Category: Financial Services, Government, Mortagages, News
No CommentsThe White House has issued a proposal recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac were brought under government conservatorship in 2008 in a costly taxpayer bailout. We wrote about this in June of 2010, supporting the gradual winding down of these companies with solutions
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Delisting of Fannie and Freddie – Irredeemable with an Exclamation Point!
- June 17, 2010
- Posted by: Ted Bullen
- Category: Financial Services, Government, News
On June 16, 2010 the Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to delist their shares from the New York Stock Exchange. The reason was that shares for both had traded at less than $1.00 per share for more than 30 days.
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Inflation Nation
- June 7, 2010
- Posted by: Ted Bullen
- Category: Economy, Government, News
Here’s what we know: The national debt surpassed $13 trillion this month The International Monetary Fund (IMF) has predicted that the national debt will surpass the U.S GDP by 2012. The IMF also projects that the U.S. economy will expand, in the short term, at a slower pace than the average of the past 50
