The Washingtonian magazine has pulled together information on the DC homes of those in charge of cleaning up the U.S. financial market mess. The article reports the value and neighborhood of the DC houses of the "bailout stars." Can you guess which homes belong to Ben Bernanke (Chair of the Federal Reserve), Chris Cox (Chair of the Securities and Exchange Commission), Daniel Mudd Former (President of Fannie Mae) and Henry Paulson (Secretary of the Treasury)? Find out below the jump...
Above is Henry Paulson's Massachusetts Avenue Heights house, which has a market value of $4.5 million. Below is the $8.5 million home of Daniel Mudd Farmer in Cleveland Park.
Chris Cox's Alexandria, Virginia house shown below is worth $1.95 million.
Below is Ben Bernanke's Capitol Hill home, which is worth about $1.13 million.
Read the full article "Homes of the Bailout Stars" in The Washingtonian by clicking here. All photographs by Chris Leaman for The Washingtonian.
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Comments (7)
How can AT use those photos without a photographer credit?
"Financial Bailout Stars". Give me a break.
I'd really rather know where the homes of the idiots who invented Credit Default Swaps and the CEO's who gave themselves Multi-Million Dollar Golden Parachutes for driving their companies into the ground are...
...so we can throw eggs, rocks and old shoes at them.
CDS's were invented by a team at JPMorgan in the late 1990's. They are not bad things even though the market they trade on needs regulation and monitoring (both of which is happening at the end of this year). Who needs to be beaten are all the idiots that generated a speculative market on Mortgage Backed Securities, drove up home prices artificially (home prices have tracked earning power/inflation from 1940's until 2002), and are of primary responsibility for the illiquidity crisis.
But I digress... nice houses.
Palmetto:
They linked to the article where they retrieved the photos. That seems reasonable enough to me; they're certainly not taking credit for them.
AT is pretty lax about lifting other's photos, and I notice that there's now a photo credit.
Who the #%@^& cares where these come lately live.