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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 did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 36 However, with a properly designed GSE Board in place, a public-private hybrid GSE can be a practical and reasonable vehicle to achieve public policy objectives over the long term. 19 That was a very significant amount 20 years ago.

2008 59