Remove 2003 Remove 2012 Remove 2020 Remove Public Policy
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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)

As GSEs, they were highly limited in their permitted activities but given a preferred market position, along with the subsidies and privileges needed to deliver a public policy benefit to the public. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1