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Taxpayer Dollars
Latest Headlines
Latest Headlines
Fannie and Freddie: A peek at the future
Not too long ago, government officials were fairly adamant that Fannie Mae and Freddie Mac would not remain in government hands for very long. But with every passing day, it looks more like the two entities have become extensions of the federal government. The New York Times notes the two GSEs
Can we improve on the RTC bailout model?
When you think about it, the Resolution Trust Company set a pretty high bar. Created in 1989 to shutter failed thrifts and sell their assets, it was able to pay all obligations to depositors, even as hundreds of executives and directors were convicted. In sum, the RTC managed to sell $459 bill
