Taxpayer Bailout Bill? Try $7 TRILLION

US Capital

Comes to $24k per person and 9 times the amount spent in Iraq and Afghanistan

Freddie Almost Beats Fannie

Housing and Money

Less than a week after Fannie Mae (NYSE:FNM) lost $28 billion, Freddie Mac  (NYSE:FRE) came out and lost $25.3 billion

Bill Ackman on Charlie Rose 11/11

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Ackman talks about Fannie (NYSE:FNM), Freddie (NYSE:FRE), AIG (NYSE:AIG), Lehman (NYSE:LEH), Bear Stearns (NYSE:BSC) Ford (NYSE:F) and GM (NYSE:GM)

Fannie Mae Lost a Small Country

Housing and Money

Fannie Mae (NYSE:FNM) this past quarter lost more than the country of Costa Rica will produce in GDP this year. Congress is criticizing who?

Forget Buying a House, Worry about Finding a Mortgage

Housing and Money

Freddie Mac reported last week that 30-year fixed-rate mortgages averaged 6.2 percent this week. That’s down from 6.46 percent last week and below 6.24 percent, the rate at this time last year. So is now the time to buy a house?

Best weekly rally in 34 years

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Lehman Default Swaps Settle: "The Market" Works

Lehman Brothers

Just a little lesson in the market and its ability to handle shocks to the system. It isn't always pretty, but it does work.

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