1. QUOTE from:
    Stiglitz and Orszags on Fannie Mae, by David Henderson
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    Can anyone provide the whole paper? The whole title is, "Implications of the New Fannie Mae and Freddie Mac Risk-based Capital Standard" by Joseph E. Stiglitz, Jonathan M. Orszag and Peter R. Orszag. Full Article at EconLog
    Implications of the New Fannie Mae and Freddie Mac Risk-based Capital Standard
    SOURCE: EconLog 1 month ago

Recent Photos From The Wire

  1. Britain's Chancellor of the Exchequer Alistair Darling (R) arrives with Prime Minister Gordon Brown for a cabinet meeting at 10 Downing Street in London December 9, 2009. Darling will on Wednesday set the stage for the coming election and gamble his government's future on a one-off tax on bank bonuses and promises to protect schools, hospitals and policing.
  2. Women dressed as Santa Claus tour Beirut by car December 8, 2009. Picture taken December 8, 2009.
  3. A boy stands besides a plant covered in cotton wool fibres at a roadside cotton factory in Mullanpur Garibdas village in the northern Indian state of Punjab December 9, 2009.
  4. Women dressed as Santa Claus tour Beirut by car December 8, 2009. Picture taken December 8, 2009.
  5. Britain's Chancellor of the Exchequer Alistair Darling (R) arrives with Prime minister Gordon Brown for a Cabinet meeting at 10 Downing Street in London December 9, 2009. Darling will on Wednesday set the stage for the coming election and gamble his government's future on a one-off tax on bank bonuses and promises to protect schools, hospitals and policing.
  6. Somalia's Environmental Minister Buri Hamza checks his mailbox at the UN Climate Change Conference 2009 in Copenhagen December 9, 2009.
  7. FILE - This Dec. 8, 2007 file photo shows French musician Johnny Hallyday in Dunkirk, northern France. France's biggest rock star, Johnny Hallyday, has been hospitalized in Los Angeles for an infection following back surgery. A statement Wednesday Dec. 9, 2009 from his Paris press office says Hallyday, an entertainment icon for decades, is "under observation" for the infection linked to Nov. 26 surgery on a herniated disc.
  8. EAST LONDON, SOUTH AFRICA - DECEMBER 09: David Wiese of South African Airways XI celebrates taking the wicket of Kevin Pietersen of England for 25 runs during day one of the two day warm up match between South African Airways XI and England on December 9, 2009 in East London, South Africa.
  9. SEVILLE, SPAIN - DECEMBER 09: Katie Holmes and Suri Cruise seen going for a walk on December 9, 2009 in Seville, Spain.
  10. A man cycles past a Suzuki Motor Corp. showroom in Tokyo, Japan, Wednesday, Dec. 9, 2009. Volkswagen AG will take a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming a broad alliance that could give a boost to the automakers in the fast-growing Asian markets.
  11. SEVILLE, SPAIN - DECEMBER 09: Katie Holmes and Suri Cruise seen going for a walk on December 9, 2009 in Seville, Spain.
  12. SEVILLE, SPAIN - DECEMBER 09: Tom Cruise seen shooting 'Knight and Day' on December 9, 2009 in Seville, Spain.
  13. SEVILLE, SPAIN - DECEMBER 09: Katie Holmes and Suri Cruise seen going for a walk on December 9, 2009 in Seville, Spain.
  14. SEVILLE, SPAIN - DECEMBER 09: Katie Holmes and Suri Cruise seen going for a walk on December 9, 2009 in Seville, Spain.
  15. North Korean old currency bills are seen in the center as a trader arranges other countries' currency notes on display for sale at a trade market in Beijing, China, Wednesday, Dec. 9, 2009. The North Korean old notes have become favorite among Chinese collectors after the country announced it would revalue its currency and issue the new notes.
  16. Volkswagen AG's CEO Martin Winterkorn, right, chats with Suzuki Motor Corp Chairman and CEO Osamu Suzuki after their joint press conference in Tokyo, Japan, Wednesday, Dec. 9, 2009. Volkswagen AG will take a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming a broad alliance that could give a boost to the automakers in the fast-growing Asian markets.
  17. Japan Aerospace Exploration Agency astronaut Soichi Noguchi seen through a bus window as he waves before his departure to Baikonur Cosmodrome in Kazakhstan, outside Moscow, Russia, Wednesday, Dec. 9, 2009. Soichi Noguchi, Russian cosmonaut Oleg Kotov and U.S. astronaut Timothy J. Creamer are the next crew scheduled to blast off to the International Space Station on Dec. 21 from Baikonur cosmodrome.
  18. Volkswagen AG's CEO Martin Winterkorn, right, shakes hands with Suzuki Motor Corp Chairman and CEO Osamu Suzuki after their joint press conference in Tokyo, Japan, Wednesday, Dec. 9, 2009. Volkswagen AG will take a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming a broad alliance that could give a boost to the automakers in the fast-growing Asian markets.