All Commentary
Friday, October 22, 2010

Bigger Bailout May Be in Store for Freddie and Fannie

“The federal bailout of Fannie Mae and Freddie Mac may be winding down with relatively little additional cost to taxpayers so long as the economy continues to recover. But if the economy tips back into recession, the bailout could nearly double in size, according to new government projections announced on Thursday.” (New York Times)

When will these two grow up and leave the nest?

FEE Timely Classic
“Nationalization of the Mortgage Market” by Robert P. Murphy