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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)

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. ” The Pre-2008 Fannie Mae and Freddie Mac F&F were relatively small prior to the Savings & Loan (S&L) Crisis of 1989, having only a single-digit market share of funding U.S.

2008 88
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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.

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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 is considered one of America’s government- sponsored enterprises (GSEs), i.e., public-private hybrid corporations created by Congress and authorized to engage only in a narrowly-tailored set of activities. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 billion for fiscal 2024.

2008 59
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University of Utah University Neighborhood Partners program and community revitalization in West side Salt Lake City/County

Rebuilding Place in Urban Space

After the 2008 recession, they dropped their primary outreach program. From the Salt Lake Tribune article: It was in 2001 that University of Utah President Bernie Machen (1998-2004) recognized and took ownership for the fact that, as an institution, the U was little involved on the west side.

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Managing Emergencies: The Challenges of the Future

Disaster Planning and Emergency Management

But in 2008 floods stretched from Alnwick in Northumberland to Tewksbury in Somerset, nearly 500 km away. In the UK this is the Civil Contingencies Act of November 2004. This is particularly unfortunate as there is immense scope to generate more community engagement. Was this not a disaster?

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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 ). We did this in 2008 or 2009. Use spaces in an expanded Eastern Market campus, such as for a volunteer fair (" Community engagement #1: Capitol Hill Volunteer Fair this Saturday ," 2016). Rumsey Underground: Arts.