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...with government-sponsored enterprises (like Fannie Mae and Freddie Mac, which are largely responsible for the financial crisis through their politically driven efforts to securitize mortgages that should not have been made in the first place), the emergence of government bailouts, and the overall shift to a more state-involved economy, we are beginning to see free-market assumptions wither away. Banks no longer must perform meticulous cost/benefit analyses for each and every loan or investment they make, and troubled financial firms can afford to take on even more risk knowing that the government and the American taxpayer will have...

Author: By Shankar Ramaswamy | Title: Greed Is Good | 2/8/2009 | See Source »

...Industry analysts would say that Dell has done a poor jobs of bringing out innovative and attractive products. Apple (AAPL) Mac sales keep rising. HP (HPQ), Sony (SNE), and Lenovo have launched new product lines which have had warm receptions. (See pictures of the iPhone...

Author: /time Magazine | Title: Dell: A Phone is Not a PC | 1/30/2009 | See Source »

...other factor was where Gramm's culpability came in: "the politicization of mortgage lending." Gramm trotted out the Republican bogeymen of the fall election campaign: Fannie Mae, Freddie Mac and the Community Reinvestment Act. But then he did something really interesting. He didn't give them all the blame...

Author: /time Magazine | Title: Phil Gramm Says the Banking Crisis Is (Mostly) Not His Fault | 1/24/2009 | See Source »

...federal government does have to make another large series of investments in this industry, companies like Citi will end up like AIG (AIG), Fannie Mae (FNM), and Freddie Mac (FNM), vassals who toil in the fields guided by the whims of Congressional committees and the financial arms of the administration...

Author: /time Magazine | Title: For US Banks, The Glass Is 1% Full | 1/21/2009 | See Source »

...Hear Me Now? Skype, the Internet-based video-phone service, has a new version for Mac with improved voice and video. Download it here...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

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