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Guaranteed to fail : Fannie Mae, Freddie Mac, and the debacle of mortgage finance /
The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to 150 billion, and substantially more will be needed. The U.S. economy--and by extensi...
| Clasificación: | Libro Electrónico |
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| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton :
Princeton University Press,
©2011.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to 150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly desig. |
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| Descripción Física: | 1 online resource (x, 222 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781400838097 1400838096 1283012081 9781283012089 9786613012081 6613012084 |