Posts Tagged ‘bailout’

Does Fannie Mae “Need” Another Bailout?

Monday February 22nd, 2016   •   Posted by Craig Eyermann at 5:52am PST   •   1 Comment

Do you remember Fannie Mae? Or rather, the Federal National Mortgage Association, the government-supported enterprise which was bailed out and taken over by the U.S. Treasury Department back on September 7, 2008? If not, ProPublica summarizes what happened to the government-backed corporation at that time: On Sep. 7, 2008, the government took over Fannie…
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The Great Greek Default

Tuesday February 7th, 2012   •   Posted by Emily Skarbek at 10:27am PST   •   1 Comment

Just last October, Greece received a huge injection of bailout funds to help avert bankruptcy but the country remains on the brink of default. Greek Prime Minister Lucas Papademos plans to gather the nation’s political leaders in an attempt to garner consensus on the necessary budget cuts. But the party chiefs have only agreed…
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