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July 29, 2012
This was an excellent interview with Richard Perry of Perry Capital where he comments on how recapitalizing Fannie Mae and Freddie Mac could contribute to an economic recovery.  He rightly points out how there has been no effort to recoup taxpayer money on these entities while the Treasury’s other investments have actually worked out quite...
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This author hit it on the nail as Sandy Weill is missing the point by wanting to break up the big banks.  The companies that have costed taxpayers the most money are Fannie Mae and Freddie Mac.  The two largest banks that failed were Lehman Brothers and Bear Stearns which were two investment banks without...
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