Nobody knows what to do with Freddie Mac and Fannie Mae, the “government-sponsored enterprises” that have been left holding the bag for a decade of excess in housing finance. Wayne Olson, a consultant at NERA who was director of finance for the Maine Public Utilities Commission, has [READ MORE...]
|
|||||
|
By Robert Hahn, Peter Passell | Tags: Fannie Mae, Freddie Mac, housing finance, mortgage, NERA, Wayne Olson | Category: Financial Industry, Quick Takes |
 One commentSimon Johnson, scourge of the banking class, does it again with a scalding review of former Treasury Secretary Henry Paulson’s self-serving memoir in The New Republic. Pretty much everybody agrees that Paulson was unprepared for the tsunami that hit Wall Street. Johnson is far less kind, speculating … By Robert Hahn, Peter Passell | Tags: Henry Paulson, Lehman Brothers, Richard Fuld, Simon Johnson, The New Republic | Category: Financial Industry, Quick Takes |
Leave a commentNoam Scheiber, the always-interesting economics commentator at The New Republic, has some kind words for one of Treasury Secretary Geithner’s less remembered initiatives. Geithner ordered “stress tests” on the big banks last February, modeling worst-case scenarios with the goal of identifying the banks that couldn’t make … By Robert Hahn, Peter Passell | Tags: bank regulation, financial crisis, Geithner, nationalization, Noam Scheiber, The New Republic | Category: Financial Industry |
Leave a comment |
   |
||||
|
Copyright © 2012 regulation2point0 - All Rights Reserved |
|||||
