Articles About subprime
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January 04, 2013Here’s Why the Smartest Hedge Fund Managers Invested in Mortgages
Turning lemons into lemonade, Deepak Narula, founder of Metacapital Management LP, has used Fannie Mae and Freddie Mac, the deeply unpopular and controversial mortgage aggregators that were taken over by the federal government in 2008, to build the world's most successful hedge fund...
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March 05, 2012Credit Suisse Builds Up Safety Net
Credit Suisse said on Monday that it had launched an offer to buy back $4.4 billion worth of its own debt, which it would over time replace with instruments that qualify as capital under more stringent banking rules...
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December 29, 2011Payroll Tax Cut Diverts Funds from Fannie and Freddie
The federal government has directed Fannie and Freddie to increase fees on new mortgages, with the additional revenue earmarked for the U.S. Treasury Department...
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