9/14/2015, Bethany McLean

I've Written Books about Enron and the Financial Crisis, but Fannie Mae Is the Scariest of Them All

I've Written Books about Enron and the Financial Crisis, but Fannie Mae Is the Scariest of Them All

What are the risks remaining to the global financial system in the wake of the crisis of 2008? I have thought a lot about this topic, but I’ve always believed that trying to forecast the cause of the next meltdown is an exercise in futility. One rule about financial crises that seems to hold true… more

8/12/2015, Jimmy So

How the Government Zombified Our Mortgage Giants

How the Government Zombified Our Mortgage Giants

The American Dream is built upon American homes. "Most countries have socialized health care and a free market for mortgages. You in the United States do exactly the opposite," Mervyn King, the former governor of the Bank of England, once told business journalist Bethany McLean. If you own a home, chances are you took out… more