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Warren Buffett Thanks Uncle Sam for Averting an Economic Meltdown

by | Nov 17, 2010 | Towing

In a New York Times op-ed, billionaire investor Warren Buffett expressed gratitude for the U.S.’s swift action: “In this extraordinary emergency, you came through — and the world would look far different now if you had not.”
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Fannie Mae and Freddie Mac Overhauls May Transform Mortgage Giants

by | Sep 15, 2010 | Towing

Mortgage finance giants Fannie Mae and Freddie Mac may not even exist in their current forms after a revamp of the U.S. housing finance system, Assistant Treasury Secretary Michael Barr said on Tuesday. Moreover, “private gains…

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