Consider for a moment Freddie Mac and Fannie Mae. These are the two institutions in America that have been chartered by the American Government to purchase mortgages. Investment in these corporations has previously been thought to be secure. Almost as secure as purchasing bonds. And it should be. These are people’s homes that we are [...]
Archive for July, 2008
The Not-So-Secret Secret Crash That Happened Not-So-All-Of-A-Sudden-But-Kind-Of-Quickly Crash
Posted in Current Events, tagged Crash, Fannie Mae, Freddie Mac on July 12, 2008 | 1 Comment »