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Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.

Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.


Alex Berenson  Alex Berenson
Tags: Bridge  Small  Worship  Over  Majority   

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Author introduction

Alex Berenson (born January 6, 1973) is a former reporter for The New York Times and the author of several thriller novels and a book on corporate financial filings.[2]

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Federal laws against kickbacks bar pharmaceutical companies from directly giving money to patients for co-payments on the drugs they make.

    Alex Berenson  Alex Berenson   
 Tags: Money Giving Bar Against Laws Make
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HealthWell is just one of several foundations that assist patients in making their insurance co-payments for expensive drugs.

    Alex Berenson  Alex Berenson   
 Tags: Insurance Expensive Just One Just
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Benefits are rarely made public in filings with the Securities and Exchange Commission, where companies must report the pay and options that their five highest-paid executives receive.

    Alex Berenson  Alex Berenson   
 Tags: Pay Options Made Where Must Five
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The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.

    Alex Berenson  Alex Berenson   
 Tags: Rules Details Personal Company Pay
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In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.

    Alex Berenson  Alex Berenson   
 Tags: Reward General Income Companies
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Companies buy customers when they cannot win new business on their own. They merge when their executives do not have a better idea of what to do.

    Alex Berenson  Alex Berenson   
 Tags: Business Win Better New Own Buy
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In general, great companies prefer to grow 'organically,' as Wall Street likes to say. That is, from the inside out, by finding new markets or by taking market share from their competitors.

    Alex Berenson  Alex Berenson   
 Tags: Great Grow Finding Street Say New
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In Ghazalia, Mr. Hussein showed his contempt for the majority Shiites in ways large and small. He refused to allow them even one mosque, while the Sunnis had nearly a dozen. To worship, the Shiites had to cross an inconveniently located bridge over the sewage canal to Shula.

    Alex Berenson  Alex Berenson   
 Tags: Bridge Small Worship Over Majority
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