+Economy & Policy | 1255 days ago

Now we get to see what Paulson has in store for Fannie and Freddie

By wpcomimportuser1

Back in July, Treasury Secretary Hank Paulson asked Congress to trust him to deal with the troubles at Fannie Mae and Freddie Mac. He got his way, in the form of legislation that gave him more a less a blank check to bail out and reorganize the giant mortgage lenders. “The more flexibility I have, [...]