The Market Now

Daily Archives: April 1, 2013

An anti-foreclosure demonstration outside Fannie Mae headquarters.

Photographer: Andrew Harrer/Bloomberg

An anti-foreclosure demonstration outside Fannie Mae headquarters.

Fannie and Freddie, the $5 Trillion Gorillas the U.S. Just Can’t Kill

If there's such a thing as too big to fail, no one qualifies more clearly than Fannie Mae and Freddie Mac. Unfortunately, splitting them up won't get government out of the loan guarantee business. Smaller companies in the subprime industry...

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Steven "Steve" Cohen, chairman and chief executive officer of SAC Captial Advisors LP

Photographer: Scott Eells/Bloomberg

Steven "Steve" Cohen, chairman and chief executive officer of SAC Captial Advisors LP

What Makes Steve Cohen’s Stock Picks So Special?

Why is Steven A, Cohen’s SAC such a tempting target for prosecutors? Yes, Cohen is well known and successful; so are other fund managers. The difference is that we have a pretty good idea of roughly what other successful fund...

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