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
In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 In summary, the reforms that were called for by many critics of F&F prior to 2008, but which never happened, have been substantially implemented within conservatorship. 24 Excessive executive compensation.
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