Saudi America: The Truth About Fracking and How It's Changing the World | Mastering the Market Cycle: Getting the Odds on Your Side | All the Devils Are Here | All the Devils Are Here | The Smartest Guys in the Room | The Fateful History of Fannie Mae | The Mortgage Wars
In 2008, the U.S. Treasury put Fannie and Freddie into a life-support state known as "conservatorship" to prevent their failure--and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again. China and Japan are big owners of Fannie and Freddie securities, and they want to ensure the safety of their investments--which helps explain why the government is at an impasse about what to do. But the current state of limbo is unsustainable.
Based on comprehensive reporting and dozens of interviews, Shaky Ground by bestselling author Bethany McLean, chronicles the story of Fannie and Freddie seven years after the meltdown, and tells us why homeownership finance is now one of the biggest unsolved issues in today's global
This edition also contains The Darwinian Paradigm: Essays on Its History, Philosophy and Religious Implications
About: A collection of essays - some already published, many new, which tackle the Darwinian paradigm from historical and contemporary perspectives.
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