Tag Archives: GSE

Glass-Steagall : RIP

Continuing the discussion on tonight’s podcast, one of the recurring themes of much of the commentary on our current financial crisis is that the cause is too much deregulation. Possibly there is some truth to this, though the evidence is … Continue reading

Posted in Domestic Politics, Economics, Lance's Page, Law, regulation | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

Fannie and Freddie Taken Over

Redstate A good description of what just happened to Fannie Mae and Freddie Mac and some reasons why. This made me laugh. “If we were in China, they’d probably have “committed suicide” with bullets inexplicably entering the backs of their … Continue reading

Posted in Around the Web, Economics, MikeR's Page | Tagged , , , , , , , , , , , | 2 Comments

How big a mess are we in?

Certainly not one our Congress can’t make worse. We have a market where housing prices are in free fall, where the last thing we want shaky institutions to have more exposure to is mortgages that are almost guaranteed to be … Continue reading

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