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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)

The private persona of a GSE is that it is owned and capitalized by the private sector and operated as a for-profit company. 11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008. mortgage originations. More political than commercial.

2008 88
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Eastern Market DC's 150th anniversary last weekend | And my never realized master plan for the market

Rebuilding Place in Urban Space

I participated in a workshop on the plaza led by Project for Public Spaces and Scenic America in 2004 ( write up ). This was proposed a number of years ago for EM, first in the Barry Administration and then around 2012-2013, but the vendors fought it, with the support of now Mayor Muriel Bowser. We did this in 2008 or 2009.

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The GSE Conservatorships: Fifteen Years Old, With No End in Sight

The Stoop (NYU Furman Center)

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. This included: Developing an updated capital requirement broadly consistent with post-2008 bank regulatory requirements. [9] government (i.e., trillion amount.