Fannie Mae, Freddie Mac, and the Destructive Power of Politically Correct Intentions

A first-rate essay at Philanthropy Daily reports on a book from New York Times reporter Gretchen Morgensen and housing finance expert Joshua Rosner, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. ¬†Although it comes with immaculate center-left credentials, it places the blame for the cratering of the housing market — and [Read More...]


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