Developing Affordable Housing Ecosystems World Wide
[Previous Months in Review available here: Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]
[Continued from yesterday's Part 1]
So chock-full of events was September that, like FDR, I’m breaking precedent in times of emergency by going to a two-part Month in Review:
If Franklin had respected Washington’s tradition, I’d [...]
[Previous Months in Review available here: Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]
Tumult in the financial markets dominated my September postings, first with analysis of GSE conservatorship: what it means, and how we got here, which led directly into the hugely ironic spectacle of Treasury [...]
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 [...]
[Continued from yesterday's Part 1.]
Yesterday we recorded the Godfather-like meeting, described in the New York Times, held last week in Treasury’s offices, in which the financial rescue’s architects, headed by Secretary Paulson, made the big banks an offer they couldn’t refuse.
“Someday, and that day may never come, I’ll call upon you to do a service [...]
It used to be that if you made a fool of yourself in the wilderness, you got rescued for free. Now, with extreme skiing, orienteering, and other Darwin-Award candidate adventures, if they airlift your frozen self off the peak, once you’re thawed out and after the flashbulbs have popped, you are presented with a bill [...]
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