All Posts Tagged With: "billion"
Fannie Mae & Freddie Mac — How Are They Really Doing?
How well are Fannie Mae and Freddie Mac doing? Better than most news reports might suggest. Testifying before the House Financial Services Committee, the chief regulator of Fannie Mae and Freddie Mac, James Lockhart, testified that the two companies own or guarantee 56% of the single family mortgages in this country or $5.4 trillion. Lockhart [...]
4Jun2009 | Peter G. Miller | 2 comments | Continued
Why Worry About Recession When Inflation Looms Ahead?
The deal is done. The government is going to spend no, drat, “invest” $8.5 trillion, no wait, that’s not right, the total potential bill could be as much as $9.7 trillion according to Bloomberg News, to bailout, oops, darn, nope, to rescue Wall Street, oh my, that’s not it either, I mean “Main Street” and [...]
13Feb2009 | Peter G. Miller | 0 comments | Continued
© Copyright 