Just like the pebble tossed in a pond, a seemingly small event can have catastrophic consequences. The small ripple created when the pebble hits the water can be a wave by the time it reaches the opposite shore. Our current economic state of affairs can be traced back to a few small ripples as well.
In [...]
Joshua Dorkin
Charles Feldman
Ted Karsch.
2008 Election and the Implications on Housing and the Fannie/Freddie Bailout
by Tom Koziol | September 12, 2008This is an election year. That may seem like a tremendous grasp of the obvious but I wish to ask you to look behind that statement so you can see what is happening right in front of your eyes.
What I am really interested in is the Freddie/Fannie bailout. My God, the impact is almost too [...]