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The contributors to this blog are a diverse group of lawyers and law professors who practice, teach, or write about consumer law and policy. Although the blog is hosted by Public Citizen's Consumer Justice Project, the views expressed here are solely those of the individual contributors and do not necessarily reflect those of the institutions with which they are affiliated. To view the blog's statement of policies, please click here.

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Saturday, September 06, 2008

The Bail Out of Freddie and Fannie

Following up on yesterday's Post, here's a detailed Washington Post article on the planned federal government bail out of Freddie Mac and Fannie Mae. The plan includes dismissal of the companies' top executives and their board members. Shareholders will be wiped out. Here's the most recent New York Times story on the subject.

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