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Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-ou
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Bethany McLean:
Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-Bethany McLean:
What's good for the financial industry probably isn't good for you.Bethany McLean:
When Warren Buffett invests in a company, he is conferring upon that company something very unique:Bethany McLean:
The big banks advise cities about whether privatization is a wise choice. They also control the abiBethany McLean:
Privatization of assets that most of us consider public goods - like airports and highways - has aBethany McLean:
Proponents of privatization argued that cities and states needed private capital to fund all the upBethany McLean:
No city embraced privatization more eagerly than Chicago, where I live.Bethany McLean:
Choices of right or wrong are not presented to you in black and white. If they were, I'm sure mostBethany McLean:
The worst story I ever wrote was after the conviction of Jeff Skilling and Ken Lay. My co-author anBethany McLean:
I'm not a big believer in the power of more regulation to fix things. I think it can almost be more