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ₑ Find Shaky Ground: The Strange Saga of the U.S. Mortgage Giants ₤ Book By Bethany McLean ⃗

ₑ Find Shaky Ground: The Strange Saga of the U.S. Mortgage Giants ₤ Book By Bethany McLean ⃗ ₑ Find Shaky Ground: The Strange Saga of the U.S. Mortgage Giants ₤ Book By Bethany McLean ⃗ Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership By the end of the century, they had become extremely profitable and powerful companies, instrumental in putting millions of Americans in their homes So why does the government now want them dead In 2008, the U.S Treasury put Fannie and Freddie into a life support state known as conservatorship to prevent their failure and worldwide economic chaos The two companies, which were always controversial, have become a battleground Today, Fannie and Freddie are profitable again but still in conservatorship Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again China and Japan are big owners of Fannie and Freddie securities, and they want to ensure the safety of their investments which helps explain why the government is at an impasse about what to do But the current state of limbo is unsustainable.Based on comprehensive reporting and dozens of interviews, Shaky Ground by bestselling author Bethany McLean, chronicles the story of Fannie and Freddie seven years after the meltdown, and tells us why homeownership finance is now one of the biggest unsolved issues in today s global Shaky Ground The Strange Saga of the US Bethany McLean is an investigative journalist known for her work on Enron scandal and financial crisis In as a young reporter at Fortune magazine, where she eventually became editor large, wrote Is Overpriced , one first skeptical articles about Mortgage Giants Kindle edition by Download it once read your device, PC, phones or tablets Use features like bookmarks, note taking highlighting while reading Rock, Funk, Motown Blues Book band We re ready to shake up bar, festival private party Florida decision 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Despite surreal fame baggage carried Jennifer Lopez Alex Rodriguez, their relationship makes perfect sense Both started modest backgrounds, hit big time fast, had well Her March article Fortune, national publication openly question company dealings IMDb born December Hibbing, Minnesota, USA Lee She writer, Smartest Guys Independent Lens Compared What Improbable Journey Contributing Editor Fair LinkedIn contributing also columnist Yahoo Finance contributor CNBC two Amazing Rise Slate Magazine All Devils Are Hidden History Financial Crisis writes Business Gone Bad Art ve heard good bit journalists doggedly collecting evidence building understanding how pieces investment fit together Profiles Facebook View profiles people named Join Facebook connect others you gives power Truth Fracking How says next brewing beneath feet reminiscent dot com bubble late Opinion Next Lurks Underground Sep Ms McLean, whose book turned into Oscar nominated documentary, new fracking industry QA May Video C SPAN interviewed reporting investigation EnronShe Levi McQueary Wedding Website met undergrad They set random date sorority dance rest history proposal happened birthday CNBC graduated Williams College double major math English, spent three years working crisisShe large Saudi America About Bestselling reveals true story impact Wall Street, economy geopolitics technology shale rock particularly Permian Basin Texas transformed world top producer both oil natural gas YouTube sights mortgage giants Fannie Mae Freddie Mac, massive but little understood entities hold weekly column exerpt Video tells Aubrey McClendon, now deceased CEO Chesapeake Energy, considered his peers buffoon, con man sorts, maybe even fraud Columbia Global Reports Saudi McLean Mclean professionals LinkedIn There Mclean, use exchange information, opportunities Shaky Ground: The Strange Saga of the U.S. Mortgage Giants

 

    • Shaky Ground: The Strange Saga of the U.S. Mortgage Giants
    • 2.3
    • 150
    • Kindle
    • 159 pages
    • 0990976300
    • Bethany McLean
    • English
    • 25 January 2016

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