David Dayen

Obama's Plan for Fannie and Freddie Just Repeats Old Mistakes
A Home for Every American Family? No!
August 07, 2013

President Obama's plan for Fannie and Freddie just repeats old mistakes.

The SEC Nails a Minnow While the Whales Go Free
Why wasn't Goldman Sachs on trial alongside Fabrice Tourre?
August 06, 2013

Last week, a jury in New York City convicted former Goldman Sachs trader Fabrice Tourre on six civil counts of securities fraud, for selling a toxic mortgage-backed bond to investors without disclosing that an architect of the deal, hedge fund Paulso

Eric Holder Thinks 'Real Housewives' Commit Mortgage Fraud–But Not Bank CEOs
July 30, 2013

The unstated purpose of reality television is for viewers to feel superior to the poor saps on screen.

Six Warnings for Ben Bernanke's Replacement
July 19, 2013

With Ben Bernanke’s term as Federal Reserve chair near expiration, virtually every economic policy pundit in good standing has thrown out their list of who should replace him. Some favor the aggressive regime shift of a Christina Romer.

A Liberal Lion With No Roar
How the Senate has frustrated Jeff Merkley
July 11, 2013

In another time, Oregon Senator Jeff Merkley would have a list of liberal accomplishments a mile long.

Unnatural Disaster
How mortgage servicers are strong-arming the victims of the Moore, Oklahoma tornado (among others)
June 17, 2013

On May 20, a massive EF5 tornado whipped through heavily populated Moore, Oklahoma, killing 24 and injuring nearly 400. That tragedy has now shifted into the drudgery of recovery.

Jamie Dimon Blackmailed His Own Bank—and Won
May 22, 2013

By threatening to resign as CEO, the JPMorgan honcho gave shareholders no choice but to keep him as chairman as well.

Guerrillas in the Boardroom
Shareholder activists are getting smarter—and could soon claim their biggest scalp
May 14, 2013

Shareholder activists are getting smarter—and could soon claim their biggest scalp.

Newark's Terrible New Foreclosure Fix Idea
Activists in the city think eminent domain can save their neighborhoods
May 08, 2013

Activists in the city think eminent domain can save their neighborhoods—but the plan would never work.

Fannie and Freddie Are Stronger Than Ever
The reviled companies are the only players in the secondary mortgage market
April 04, 2013

Fannie Mae and Freddie Mac, the government-backed guarantors of residential mortgages, hold a particularly reviled place in our political culture.

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