Columbia Global Reports ... Columbia University in New York City

Columbia Global Reports ... Columbia University in New York City

Extracted Page: http://globalreports.columbia.edu/

New Release: 9/14

Shaky Ground, by Bethany McLean Release date: Sept. 14. What's the one big problem from the 2008 financial crisis that still isn't fixed? Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership. They became extremely powerful companies, instrumental in putting millions of Americans in their homes. So why does the government now want them dead? Put into a life-support state known as conservatorship, their profits are being redirected toward reducing the federal deficit. But the current st

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