The Wall Street Journal has posted (and we republish below) an extraordinary series of editorials that, since 2002, have doggedly exposed the financial and intellectual rot that is now washing across America in the form of Fannie Mae and Freddie Mac; you could find no better primer on the origins of the crisis we face: Paulson’s Fannie Test 07/15/08 – Does Hank Paulson want to leave the U.S. financial system better than he found it? That’s his test in the wake of his commitment to use taxpayer money to rescue Fannie Mae and Freddie Mac.Fannie Mae Ugly 07/12/08 – Investors...
