Former Fannie CEO Asserts Conservatorship Unneeded, But Reform Hawk Calls for Placing GSEs into Receivership
December 11, 2008
Did federal regulators make a mistake in putting Fannie Mae and Freddie Mac into conservatorship – or did they not go far enough? Members of the House Oversight and Government Reform Committee were told this week that putting Fannie into conservatorship wasn’t necessary and that a more restrained intervention by the federal government might have been all that was required. “While I...