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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. Like F&F, FHLB leadership teams are motivated to maximize profits. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2

2008 59
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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

The leadership of the FHLBs, along with various beneficiaries of their subsidies, has also begun to aggressively lobby and advocate against virtually any proposed change that it views as detrimental to its bottom line. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1

2008 78
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Interpreting Covid-19 as a Disaster

Disaster Planning and Emergency Management

The scenario for a major pandemic was developed over the period 2003-2009 and was first incorporated into emergency plans close to the start of this period. In each country, the intelligence and responsiveness of leadership and the comprehension and responsiveness of the people have defined the progress of the crisis.

2020 52
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Social Media for Social Good: What role does social media play in creation of and sustainability of social movements? A Social Movement Case Study Examining Occupy Wall Street and the Tea Party.

Public Policy Blog

2013; Bennett, Breunig, & Givens, 2008). The result is a new set of tasks on the agendas of late modern citizens that enable the creation and continual maintenance of a personally satisfying sense of self—or “personal identity project” (Reynolds, 2008; Giddens, 1991).