The government can't fix Fannie and Freddie

The government can't fix Fannie and Freddie: The recent clash between the Federal Housing Finance Agency, Fannie Mae and Freddie Mac and the House Financial Services Committee highlighted precisely why the government can't fix the government-sponsored enterprises.
The purpose of the hearing was meant to question Fannie CEO Michael Williams and Freddie CEO Charles 'Ed' Haldeman on the justification of their compensation. However, [...]
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