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Bernanke: Pricey gas not from chicanery
The Swampby Frank James Federal Reserve Chair Ben Bernanke spent much of his time on Capitol Hill today discussing the Fannie Mae and Freddie Mac crisis as well as the outlook for the nation's economy. However, in his prepared testimony and......Tags: Financial Markets, Prices, Commodity Markets, Energy Saving, Freddie Mac
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Bush: Economy won't 'change on a dime'
The Swampby Mark Silva President Bush, asserting that the American banking system remains strong at a time of troubling bank failures, today declined to predict when the economy will regain steam. "I'm not an economist... But I do believe that we're......Tags: Local Government, Court Administration, Crime, Law and Justice, Barack Obama, Prices
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Obama: Kuwait, Afghanistan and a boost from Maliki
Spin CycleSo, Obama, after a stopover to visit with troops and play some hoops in Kuwait, has now landed in Afghanistan, which apparently will precede Iraq on his foreign trip over the next week. A couple of good things have......Tags: Barack Obama, National Government, Newspapers, Midway Airport, Travel
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Fannie and Freddie, hardball experts
The Swampby Frank James If you want to read a disturbing tale of how Fannie Mae and Freddie Mac used their clout in Washington to try to brush back their critics like pitchers throwing at the heads of batters, check out......Tags: Regulatory Policy and Organizations, Newspaper and Magazine, Economy, Business and Finance, Lobbying, Accounting and Auditing
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Fannie, Freddie rescue cost: $25 B?
The Swampby Frank James There was already resistance on Capitol Hill to the Bush Administration's proposal that the Treasury Department and Federal Reserve increase their backstop role to Fannie Mae and Freddie Mac, witness last week's congressional hearings...Tags: Financial Markets, National Government, Economic Policy, Freddie Mac, Federal Reserve
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House passes housing crisis bill
The Swampby Jesse A. Hamilton and updated The U.S. House of Representatives has overwhelmingly passed the long-awaited housing rescue bill -- sending it now for a last Senate approval before President Bush can sign it into law. The vote, at about......Tags: White House, National Government, Economy, Business and Finance, Freddie Mac, Mortgages
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McCain on Obama: 'He was wrong'
The Swampby Mark Silva Sen. John McCain, politely but pointedly, today accused his rival, Sen. Barack Obama, of a "lack of understanding'' about the war in Iraq and a politically motivated stance on troop withdrawal. McCain was asked if he has......Tags: Barack Obama, National Government, Values, Freddie Mac, United States
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Home lenders scale back hospitality
The Swampby Mark Silva There's all kinds of gracious hospitality surrounding a presidential nominating convention, and the giants of the troubled home mortgage industry - poised for some federal bailouts - say they're obligated to some parties already promised....Tags: Housing Industry, Clubs and Associations, Freddie Mac, Lifestyle and Leisure
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Housing relief, AIDS bills: Bush's pen
The Swampby Mark Silva President Bush is signing some big bills today before Congress leaves town at week's end: This morning, Bush signed the Housing and Economic Recovery Act, aimed at easing the home mortgage crisis but also making the federal......Tags: White House, National Government, Bono, Tom Lantos, Health
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Cuomo at HUD and the federal home loan mess
Spin CycleAndrew Cuomo???s tenure as federal Housing and Urban Development secretary and how it contributed to today???s mortgage crisis receives an in-depth look here from the Village Voice???s Wayne Barrett. The report shows that Cuomo???s drive to increase...Tags: Loans, Companies and Corporations, Freddie Mac, Mortgages, Federal Reserve
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Top 10 Monday matters
Spin CycleCombat intensifies between Russian and Georgian troops. Iraq's foreign minister says any security agreement requires a "very clear timeline" for withdrawal of U.S. troops. McCain and Obama exchange barbs on the Iraq war. Financial losses continue to mount...Tags: John Edwards, Elizabeth Edwards, Freddie Mac, Verizon Communications, Wars and Interventions
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Fannie, Freddie and you the taxpayer
The Swamp(Photo by Mark Wilson/Getty Images) by Frank James "Quasi private companies" is a term we won't be using anymore to describe Fannie Mae and Freddie Mac after today apparently. They now, or soon, will fully belong to U.S. taxpayers.......Tags: National Government, Companies and Corporations, Freddie Mac, Mortgages, Politics
Jul 23, 2008
|Blog| Chicago Tribune
Jul 23, 2008
|Blog| Chicago Tribune
Jul 23, 2008
|Blog| Newsday
Jul 24, 2008
|Blog| Chicago Tribune
Jul 23, 2008
|Blog| Chicago Tribune
Jul 24, 2008
|Blog| Chicago Tribune
Jul 28, 2008
|Blog| Chicago Tribune
Jul 26, 2008
|Blog| Chicago Tribune
Jul 31, 2008
|Blog| Chicago Tribune
Aug 7, 2008
|Blog| Newsday
Aug 11, 2008
|Blog| Newsday
Sep 7, 2008
|Blog| Chicago Tribune
Original site for Fannie Mae topic gallery.
