Tag Archives: Fannie Mae

Banker bashing is a British sport

Seeing the current media predeliction¬†for banker bashing, heartily endorsed by a substantial proportion of the British public, I cannot but be reminded of Madame Defarge, knitting at the foot of the guillotine. Bankers are by no means lily white but … Continue reading

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Memo to George Osborne

With Olympimania about to envelop us, there is a danger that some elementary truths about our economic position are being subtly erased from the public memory. the worldwide banking crisis started in the US with Fannie Mae and Freddie Mac … Continue reading

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