Newsfeed

Blog 

The Horror at Fannie & Freddie

/

The Journal's Washington Wire blog has a piece on Fannie & Freddie that opens this way:  "Like nonfiction horror? A document released by investigators provided graphic evidence of the fear officials were feeling during the 2008 financial crisis."  The Financial Crisis Inquiry Commission has released a partial timeline (PDF) of the meltdown at both companies that has turned into a fiscal nightmare for taxpayers.