While Justin has been hard at work writing a story about Fannie Mae and Freddie Mac, I’ve been spending some time revisiting the law Congress passed in July that let Treasury do what it did over the weekend. There was a whole lot of other stuff in there, if you remember back, including billions of [...]
From now on, this blog will be devoted entirely to answering questions from Bryan from Houston. The latest: If the FNM/FRE deal was so successful, what is happening to Lehman? Further, who else is at risk still? To me, this financial kryptonite hardly seems contained and the super powers of the Fed and Treasury seems [...]
