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Days of Slaughter: Inside the Fall of Freddie Mac and Why It Could Happen Again

By Susan Wharton Gates
eBook
$24.95
By Susan Wharton Gates
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The untold story of the disastrous financial and ethical unwinding of Freddie Mac.

In September 2008, beset by mounting losses on high-risk mortgages and mortgage securities, the Federal Home Loan Mortgage Corporation teetered on the brink of insolvency. Fearing that confidence in the housing market would collapse completely if Freddie Mac and its competitor Fannie Mae failed, the US government made the difficult decision to place the two firms into conservatorship, taking control away from ...

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