If there are whiners in the U.S. economy, it has to be the American Investor who is never satisfied with a normal rate of return. These investors frequently ‘rent-seek’. In Financial Economics, this is akin to finding some way around the market by gaining power over market regulators or lawmakers, or decision makers. It is [...]
Filed under: U.S. Economy | Tagged: Bail out of Fannie Mae and Freddie Mac, Financial Crisis, Mortgage Crisis | 6 Comments »
