Date: January 23rd, 2009

The GSEs’ future: Part 3, choose your poison

23 January, 2009 (12:26) | Capital markets, Finance, GSEs, HERA, Legislation and policy, Regulation and Reform, Subprime, TARP, US News | No comments

[Continued from yesterday's Part 2 and the previous Part 1.]
 

 
After two long posts focusing on outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, we’ve seen that the Secretary:
 
1. Has concluded, with audible reluctance, that privately-run GSEs are likely essential.
2. Correctly restates the inescapable dynamic tension between social and [...]