We knew it could happen, even though they said it wouldn't. The government is using our money again to haul private companies' hindquarters out of the fire-this time it's troubled mortgage giants Fannie Mae and Freddie Mac.It's a plan with holes in it.It's a plan that comes too late.It's a plan that still insulates those leading those same poorly managed companies.
July 17, 2008 at 12:00 AM
1 minute read
We knew it could happen, even though they said it wouldn’t. The government is using our money again to haul private companies’ hindquarters out of the fire-this time it’s troubled mortgage giants Fannie Mae and Freddie Mac.
It’s a plan with holes in it.
Parker McCay Leader, Brown & Connery Partner Face Racketeering Indictments Alongside George Norcross
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