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16 Dec 2010, 9:21 am by gstasiewicz
” Less than two months later, the government seized Fannie and Freddie and the bailout began. [read post]
23 Nov 2010, 9:24 am by Mandelman
For example, Michael Lewis, in his book “The Big Short,” quotes the cost of a credit default swap on a $100 million mortgage-backed security as being $200,000 a year for ten years. [read post]
17 May 2010, 6:45 am by Mandelman
Without Fannie and Freddie, it would be nearly impossible to buy or sell a home today. [read post]
7 Apr 2010, 8:57 pm
Lewis (rightly in my view) spends very little time on Fannie and Freddie, and almost no time on Greenspan, who is dismissed as a fool by the book's shrewdest protagonists. [read post]
To cite only a few of the highlights: In 1971, while Lewis Powell was still a prominent lawyer advising the US Chamber of Commerce of the need to organize a business response to its diminished state, he was appointed and confirmed a Justice of the Supreme Court of the United States. [read post]
14 Feb 2010, 5:53 am
There was the Sunday in August when the Federal Reserve and the Treasury Department decided to seize Fannie Mae and Freddie Mac. [read post]
14 Feb 2010, 5:53 am
There was the Sunday in August when the Federal Reserve and the Treasury Department decided to seize Fannie Mae and Freddie Mac. [read post]
12 Dec 2009, 3:04 am by Mandelman
I couldn’t wait to see Santa go after Dimon, Stumpf, Blankvein and Lewis… HO, HO, HO! [read post]
4 Jul 2009, 5:50 pm by Jason Krebs
RETAIL CONSIGNEES FOR FSIS RECALL 034-2009 (EXPANDED) FSIS has reason to believe that the following retail location(s) received assorted beef products that have been recalled by JBS Swift Beef Company. [read post]
27 Apr 2009, 3:39 am
Last month, this Washington Post article outlined how the head of FHFA (which oversees Fannie Mae, Freddie Mac and the FHLB) urged Freddie and Fannie to make misleading disclosures [read post]
14 Apr 2009, 7:44 pm
In attendance were Cyndi Nance (Arkansas), Athornia Steele (Nova Southeastern), Don Lewis (Hamline), Freddie Pitcher (Southern), JoAnne Epps (Temple), John White (UNLV), Linda Ammons (Widener), Peter Alexander (Southern Illinois), Jim Chen (Louisville), Beto Juárez (Denver), McKen Carrington (Texas Southern), and Dan Bernstein (president of the Law School Admissions Council). [read post]
26 Jan 2009, 1:54 am
Commentators have questioned, for example, whether Citigroup should be nationalized (refer here) or if the Merrill Lynch-related losses might cost Bank of America CEO Kenneth Lewis his job (refer here). [read post]
4 Jan 2009, 12:20 am
Great roundup of the current financial crisis by Michael Lewis in the NYT. [read post]
27 Oct 2008, 5:00 pm
Freddie Mac’s board met thirteen times in 2007. [read post]
15 Sep 2008, 3:01 am
The boards of the two companies approved the deal Sunday evening, according to people familiar with the matter.Driven by Chief Executive Kenneth Lewis, Bank of America has already made dozens of acquisitions large and small, including the purchase of ailing mortgage lender Countrywide Financial Corp. earlier this year. [read post]
29 Aug 2008, 2:05 pm
ROSTER BY POSITION GOALKEEPERS: Brad Guzan, Tim Howard DEFENDERS: Carlos Bocanegra, Danny Califf, Steve Cherundolo, Frankie Hejduk, Oguchi Onyewu, Michael Orozco, Heath Pearce, Marvell Wynne MIDFIELDERS: DaMarcus Beasley, Michael Bradley, Ricardo Clark, Maurice Edu, Sacha Kljestan, Eddie Lewis FORWARDS: Brian Ching, Landon Donovan, Clint Dempsey, Eddie JohnsonStill no Freddy Adu (and don't give me that crap about settling in at his club, since Mo Edu has been called in and… [read post]
14 Aug 2008, 9:48 pm
With this list, look to see Bradley, Mastroeni, Klejstan and Lewis to start. [read post]
17 Jul 2008, 8:51 am
For additional information contact [www.gallerywatch.com] Subscriptioin needed for online access: 07/16/2008 Legislative Text of the NIH Emergency Supplemental Appropriations Act (PDF 25 KB)Text of the Bill Expected to be Introduced by Senate Appropriations Subcommittee on Labor-HHS-Education Chairman Tom Harkin and Ranking Member Arlen Specter07/16/2008 Legislative Text of the Stop Excessive Energy Speculation Act (S. 3268)Text of the Bill as… [read post]
10 Jul 2008, 4:16 am
The Case Against The Death Penaltyby Hugo Adam Bedau --------------------------------------------------------------------------------ContentsPrefaceIntroductionDeterrenceUnfairnessInevitability of ErrorBarbarityRetributionFinancial CostsPublic OpinionAbolition TrendsFor Further Information & ReferenceNotes--------------------------------------------------------------------------------PrefaceHugo Adam Bedau is Fletcher Professor of Philosophy at Tufts University. [read post]