Everybody Has a Plan for Fannie and Freddie But Nothing Gets Done
- Years after government bailouts, lawsuits but no solutions
- ‘Inertia is driving the way’ with no long-term plan for GSEs
Contractors work at the site of the new Fannie Mae headquarters under construction in Washington, D.C., U.S., on Wednesday, Aug. 17, 2016. The hole at the corner of 15th and L streets, in downtown Washington, is deep -- and getting deeper. Earth-movers there are digging the foundations of a shiny new headquarters for Fannie Mae, the bailed-out giant of American mortgages.
Photographer: T.J. Kirkpatrick/BloombergThis article is for subscribers only.
The hole at the corner of 15th and L streets, in downtown Washington, is deep -- and getting deeper.
Earth-movers there are laying the foundations of a shiny new headquarters for Fannie Mae, the bailed-out giant of American mortgages.