Former Freddie Mac employee Susan Wharton Gates recently released a book detailing the events leading up to the conservatorship and suggests that the industry stop looking for a “single scapegoat.” She argues in her book that while Freddie made plenty of mistakes, so did Wall Street, the regulators, the industry and homeowners. Wharton, an advocate of privatizing the GSEs, worked at Freddie for close to 20 years, most recently in public policy. She left the company in 2009 and said by giving a fuller account of what happened she hoped to help “light a fire” under policymakers who have stalled on reforming the GSEs.