EconLog logo EconLog 3 weeks ago

Stiglitz and Orszags on Fannie Mae, by David Henderson

The paper concludes that the probability of default by the GSEs is extremely small. Full Article at EconLog

Related Topics:

  1. NYSE
  2. Federal National Mortgage Association
  3. Freddie Mac

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Browse More Photos

Daylife is the web's largest archive of news photos

  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on E...
  2. WASHINGTON - DECEMBER 10: James Lockhart, Chairman and CEO of the Oversight Board of the Federal Housing Finance Agency, addresses a meeting of the Women in Housing and Finance organization December 10, 2008 in Washington, D.C. The board is the regulator of Fannie Mae, Freddie Mac and the 12 Fed...
  3. WASHINGTON - DECEMBER 9: Former Fannie Mae CEO Daniel Mudd (R) testifes along with former Freddie Mac CEO Richard Syron (L) before the House Oversight and Government Reform Committee during a hearing on 'The Role of Fannie and Freddie Mac in the Financial Crisis' on Capitol Hill December 9, 2008...
  4. WASHINGTON - DECEMBER 9: Former Fannie Mae CEO Franklin Raines (R) testifies before the House Oversight and Government Reform Committee with former Freddie Mac CEO Leland Brendsel (C) and former Fannie Mae CEO Daniel Mudd (L) during a hearing on 'The Role of Fannie and Freddie Mac in the Financi...
  5. SAN FRANCISCO - OCTOBER 20: Freddie Mac CEO David Moffett (L) speaks as Fannie Mae President and CEO Herbert Allison (C) and Federal Housing Finance Agency Director James Lockhart (R) look on during a panel discussion at the 2008 Mortgage Banker's Association Conference and Expo October 20, 2008...
  6. WASHINGTON - SEPTEMBER 07: Treasury Secretary Henry Paulson speaks at a news conference announcing a federal takeover of Fannie Mae and Freddie Mac September 7, 2008 in Washington, DC. The mortgage giants have lost billions of dollars in the recent credit crisis.
  7. US Treasury Secretary Henry Paulson during a press conference on the bailout of mortgage giants Fannie Mae and Freddie Mac on September 7, 2008 in Washington, DC.
  8. US Rep. and Chairman of the House Financial Services Committee, Barney Frank (D-MA) listens to Federal Reserve Board Chairman Ben Bernanke testify before a Full committee hearing on monetary policy and the state of the US economy on July 16, 2008 on Capitol Hill in Washington, DC.
  9. WASHINGTON - JULY 15: Senate Banking, Housing and Urban Affairs Committee Chairman Sen. Christopher Dodd (D-CT) listens to testimony from Bush Administration officials on Capitol Hill July 15, 2008 in Washington, DC.

Cast of Characters

  1. NYSE NYSE
  2. Freddie Mac Freddie Mac
  3. Federal National Mortgage Association
  4. U.S. Congress U.S. Congress
  5. CIT GROUP INC CIT GROUP INC
  6. Federal Reserve Federal Reserve