Story | Nov 26, 2012 | 10:51 AM
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Story | Aug 8, 2013 | 8:44 AMFannie Mae and Freddie Mac, as it turns out, were a pleasant fiction. The quasi-government guarantors of mortgage loans seemed like a good deal for Americans during all the years when they helped guarantee the availability of affordable, long-term home loans without any apparent cost — and, at times, with great private gain for their shareholders. But their true cost became all too real when the government's implicit guarantee of Fannie and Freddie was made explicit during the housing crisis. The Bush administration, and the Obama administration after it, pumped $188 billion in borrowed taxpayer money into stabilizing Fannie and Freddie, lest they collapse altogether and turn the Great Recession into another Great Depression.
Story | Dec 13, 2012
Story | Dec 6, 2012 | 3:30 PM
Polling on the 2016 presidential contest has already started, and Gov. Martin O'Malley has jumped out to a better-than 2-to-1 lead -- over last place finisher Montana Gov. Brian Schweitzer. That's if Secretary of State Hillary Clinton and Vice President...
Story | Sep 5, 2012 | 7:09 AM
CHARLOTTE -- Speaking to members of Iowa's influential delegation to the Democratic convention on Wednesday, Maryland Gov. Martin O'Malley took a shot at several Republican governors while laying out a broad vision for the party that some suspect he hopes...