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)
MARCH 4, 2024
As an example of their lobbying power, in 2004 and 2005 the George W. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 20] The Federal Reserve Bank’s combined balance sheet in 2006 was just $.81 24 Excessive executive compensation. 81 trillion.
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