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Making Lemonade out of Fannie Mae and Freddie Mac

The government recently took over Fannie Mae and Freddie Mac, two huge mortgage lenders. I thought the government owned them all along. After all, Freddie Mac” is the Federal Home Loan Mortgage Corp....

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Bernie Madoff, Richard Feynman, and The Financial Crisis

Bernie Madoff - In Prison Interviewed in prison, Bernie Madoff asserted that banks and hedge funds were “complicit” in his elaborate fraud. Diana Henriques, writing in the NY Times, 2/15/11, (here)...

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