Wall Street's Day of Reckoning: The Fannie & Freddie Bailout
1,866 views · Published 17 September 2008 · 13:23 · Indexed 29 September 2026
Channel: Knowledge at Wharton · 2008 · Education
The government's refusal to save Lehman Brothers begs a question: Why did it step in only a week earlier to risk up to $200 billion in taxpayer money to shore up mortgage giants Fannie Mae and Freddie Mac? Wharton faculty say the government made the right move -- and offer suggestions for the next step.
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