Archive For September 11th, 2008

from my favorite economist, Dr. Sung Won Sohn

By Administrator | September 11, 2008

Implications of Nationalizing Fannie and Freddie September 08, 2008 (www.drsohn.com) Treasury Secretary Paulson has decided that the risk of waiting is too much to bear for the economy and the mortgage market.  It is like a pre-packaged bankruptcy. The two agencies will be put under Federal control. The management and the boards of Fannie and Freddie [...]

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Socialized through Gregarious 42