Freddie Mac

A deregulator looks back, unswayed

Back in 1950 in Columbus, Georgia, a young nurse working double shifts to support her three children and disabled husband managed to buy a modest bungalow on a street called Dogwood Avenue. A fierce opponent of government...

A "Need for Urgency" May Not Be Enough to Organize a Global Recessionary Fight

A “Need for Urgency” May Not Be Enough to Organize a Global Recessionary Fight An amazingly volatile Dow trading session has seen prices open down 200 points, rally 150 points, only to end the day down 3.80%. The whipsaws have...

Why Paulson and Bernanke's Plan Doesn't Work (at Seeking Alpha)

by: James Wood November 17, 2008 | about stocks: James Wood About this author: Today the world faces its largest economic challenge since the Great Depression of 1929. Ben Bernanke, who has been an avid reader of the causes and...

Sacramento-area business grad students face uncertainty

UC Davis business professor Michael Maher hands out midterm exams in his corporate governance class early this month. Maher had his students examine the recently passed federal corporate bailout legislation to show them how...

European yield curve steepens further

Markets: Fixed Income On Friday, global bonds rallied, as equities tanked and another batch of dismal economic data and corporate news was published. In the EMU, this resulted in an ongoing steepening of the curve, as yields...

Loan mods could restore confidence

FDIC plan synchs with real estate industry aims By A plan for the government to partially insure lenders when they agree to modify troubled borrowers' loan terms could help stabilize housing markets, restore confidence, and...

CREDIT BUBBLE BULLETIN : The only cure for a bubble

We are now witnessing policymaking out of desperation and the global abandonment of any semblance of monetary or fiscal discipline is a hallmark of this extraordinary period of bursting bubbles. Stable "money" may be the key -...

Corporate Welfare for Jurassic Park, Michigan

Corporate welfare for General Motors—or more generally, for the Detroit Dinosaurs—will cost us taxpayers and bond buyers tens (or hundreds) of billions, no matter what. Whether it's the corporate welfare money preferred by...

Auto aid debate heats up

As U.S. lawmakers start debating today whether to grant Detroit's automakers $25 billion in loans to tide them over a critical stretch, the car companies and the United Auto Workers union are coming under intense pressure to...

Hope for Homeowners foreclosure program falls flat

Once touted as a potential breakthrough to help solve the foreclosure crisis, the government's Hope for Homeowners program has failed to live up to its billing so far. And there are serious doubts it ever will.