Rescuing Failure or Failing to Rescue: Which is the Better Consequence? - Business Law Review View Rescuing Failure or Failing to Rescue: Which is the Better Consequence? by - Business Law Review Rescuing Failure or Failing to Rescue: Which is the Better Consequence? 29 10

This article looks at the origins and future of the US Federal National Mortgage Association and Federal Home Loan Mortgage Corporation, previously believed to be probably as safe as US treasuries given both their previous ties with the State, and how their activities have come to haunt the US economy; the UK capital market, with serious erosion of market capitalisation; and the global financial system.

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