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Posts tagged: bailout

Newly-constructed residential apartments in Orestad, on the outskirts of Copenhagen, Denmark.

Photograph by Freya Ingrid Morales/Bloomberg

Newly-constructed residential apartments in Orestad, on the outskirts of Copenhagen, Denmark.

The World’s Worst Spendthrifts Aren’t Who You Think

You're not familiar with the reckless spending habits of Denmark? Many folks are under the impression that it's southern Europe that is burying its children under a mountain of debt. Believe it or not, they have it backwards.

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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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