Date: October 22nd, 2008

GSEs: my own private RTC

22 October, 2008 (08:41) | Capital markets, GSEs, Subprime, US News | No comments

Now that the US government de facto owns the GSEs, what’s it going to do with them?  I had no idea until I saw a headline in Bloomberg so remarkable I checked it directly with my friends at each agency. 
Fannie, Freddie to Step Up Mortgage Bond Purchases
 
What? I thought.  This is what got them into […]