APA Paper - Petar Triva Tech/Comm in Business Fall 2008 APA...

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Petar Triva Tech/Comm in Business Fall 2008 APA Style Paper As America is faced with the worst economic crisis since “The Great Depression”, many people wonder is there a way out. A great number of them see the issues regarding Fannie Mae and Freddie Mac as of great importance for the improvement of the current situation. Both of these are America's mortgage giants that find themselves in trouble after years of successful business. Many politicians are suggesting various tactics in hope of solving this problem. Fannie Mae was founded in 1939, right after The Great Depression, in order to stabilize the economy and the mortgage market. (Fannie Mae, 1998-2008) Years after, in 1970, another company called Freddie Mac was founded with the similar purpose of strengthening the economy stopping Fannie Mae from having the monopoly on the secondary mortgage market. The forming of these two companies has boosted the economy substantially in the years to come. As Stephen Spruiell states in his article Inside Job (2008);
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APA Paper - Petar Triva Tech/Comm in Business Fall 2008 APA...

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