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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 an example of their lobbying power, in 2004 and 2005 the George W. 19] It peaked in 2004 at just over $1.6 20] The Federal Reserve Bank’s combined balance sheet in 2006 was just $.81 25] He resigned in 2004 due to accounting irregularities. [26] See the 10-K annual reports for Fannie Mae and Freddie Mac.

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