About the Author

Sheldon Richman is the editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Tethered Citizens.

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Filed Under: In brief

Fannie Mae Needs More Taxpayer Help

“US mortgage finance firm Fannie Mae has asked for another $15bn (£9bn) in state aid after announcing losses of $19bn between July and September.” (BBC News, Tuesday)

Did anyone think it was going to stand on its own feet?

FEE Timely Classic
“Bootleggers, Baptists, and Bailed-Out Bankers” by Bruce Yandle

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