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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…

Andrew Ross Sorkin on Lehman, the Crisis and How Pride Led to the Fall

by | Sep 13, 2010 | Towing

“It felt like the world was on fire,” recalls financial writer Andrew Ross Sorkin, whose book Too Big To Fail covers the crisis at its peak. In an interview, he discusses the meltdown, its aftermath, the quest for power on Wall…

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