Fannie-Freddie Case Shows Messy Nature of Deal-Making in a Panic
New York Times - October 2, 2014 - October 3, 2014
New York Times, By David Zaring and Steven Davidoff Solomon
This week has been a banner one for those who are still angry over the government’s actions in the financial crisis. The rescues of the American International Group and the mortgage giants Fannie Mae and Freddie Mac all came under a courtroom microscope.
In one Washington court, Maurice R. Greenberg, the former chief executive and major shareholder of A.I.G., is suing the United States government, contending that the tough terms imposed in return for the insurance company’s bailout were unconstitutionally austere.
Read full article: Fannie-Freddie Case Shows Messy Nature of Deal-Making in a Panic