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After the Housing Crisis, a Cash Flood and Silence

The New York Times, By Gretchen Morgenson

On Aug. 17, 2012, the federal government began expropriating all the earnings of Fannie Mae and Freddie Mac, the mortgage finance giants that succumbed to the 2008 crisis.

Now the government is taking extraordinary measures to keep secret the deliberations surrounding that action. What exactly is it trying to hide?

Read the full article here: After the Housing Crisis, a Cash Flood and Silence