All Commentary
Tuesday, May 11, 2010

Fannie Needs More Taxpayer Money

“Fannie Mae, the largest U.S. residential mortgage funds provider, on Monday asked the government for an additional $8.4 billion after the company lost $13.1 billion in the first quarter.” (ABC News, Tuesday)

The scandal continues.

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