Posts with tag Gretchen Morgenson

Gretchen Morgenson of The New York Times wrote a recent column advocating what she calls a "bold idea" for housing policy instead of the crash that many economists now appear to want. The main thrust of her column is that TARP and other attempts by the federal government have been bad ideas aimed more at keeping big banks... Continue Reading »

Is $19 billion a lot of money -- or a small price to pay for keeping mortgages available to you at a reasonable price during the ongoing financial crisis and into the future? Ask yourself that as you take in the heated reaction to this news: The government overseer of Fannie Mae and Freddie Mac wants the U.S. Treasury to... Continue Reading »