All Posts Tagged With: "U.S. Treasury"
New Report Says Feds Growing Increasingly Likely to Recapitalize Fannie and Freddie
By availing itself of a new housing bill signed into law last month, the U.S. Treasury Department is growing increasingly likely to recapitalize Fannie Mae (FNM) and Freddie Mac (FRE) in the months to come – all on the taxpayer’s…
19Aug2008 | Money Morning | 0 comments | ContinuedAs Treasury’s Paulson Prescribes Bailout for Fannie Mae and Freddie Mac, Guru Jim Rogers Predicts an “Unmitigated Disaster”
Standing on the steps of the U.S. Treasury building across the street from the White House, Treasury Secretary Henry Paulson asked Congress for the power to prop up Fannie Mae (FNM) and Freddie Mac (FRE), the two failing mortgage giants involved with nearly…
15Jul2008 | Money Morning | 0 comments | ContinuedCurrency Intervention Won’t Halt the U.S. Dollar’s Nosedive
Last week the U.S. Federal Reserve moved one step closer to acknowledging reality.
Unfortunately, it didn’t let that admission move it from a policy course firmly guided by fantasy - meaning the central bank opted to stand pat on interest…
2Jul2008 | Money Morning | 0 comments | ContinuedThe Treasury Proposes More Alphabet Agencies
While the Treasury Department’s proposals for overhauling regulatory oversight of the financial industry have been in preparation almost since the day Secretary Paulson assumed office, their release at this time almost certainly is a reflection of the realities and massive…
31Mar2008 | William Kurtz | 0 comments | Continued
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