THE FINANCIAL CRISIS ON TRIAL – FANNIE AND FREDDIE
DECEMBER 21, 2011 The Financial Crisis on Trial The SEC fingers the government-backed mortgage buyers, not Wall Street greed. By PETER J. WALLISON The Securities and Exchange Commission’s lawsuits against six top executives of Fannie Mae and Freddie Mac, announced last week, are a seminal event. For the first time in a government report, the
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