Articles About United States Government
- Author:
- James I. Clark III
- Posted:
- 07.14.2009
Ernst & Young Examines Distressed Debt
Ernst & Young recently conducted a distressed debt survey to determine who will be the most active direct sellers of non-performing loan portfolios. The results are interesting. 36 percent responded it will be regional banks and thrifts 32 percent responded it will be money center banks 13 percent responded it will be the United States […]
- Author:
- James I. Clark III
- Posted:
- 09.11.2008
Fannie, Freddie and the American Taxpayer
As the United States government commits a bare minimum of $100 billion of taxpayer money to bail out Fannie Mae and Freddie Mac, the final reckoning depends on how effectively Washington runs the mortgage powerhouses. According to the Christian Science Monitor, with the sheer magnitude of Fannie and Freddie – with $5 trillion in home […]