TheStreet.com media critic Marek Fuchs wishes that the business media would call the federal government takeover of lenders Fannie Mae and Freddie Mac a “seizure.”
“OK, so it wasn’t quite an invitation.
“Then again — especially considering that shareholders will probably be left with nothing — it wasn’t quite a takeover, either.
“It was more of a seizure.
“I guess one man’s takeover is another man’s seizure. Though leave it to the business media, those contradictory little devils, to sometimes call it both in the same report. Actually, in the same headline.”
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