The Stoop (NYU Furman Center)
MARCH 4, 2024
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.
The Stoop (NYU Furman Center)
SEPTEMBER 5, 2023
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 Stoop (NYU Furman Center)
MARCH 11, 2024
It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 trillion of assets) and are the most well-known and studied GSEs.
Disaster Planning and Emergency Management
OCTOBER 23, 2020
Since 2008, pandemics have been top of the list of 96 threats and hazards in the UK National Risk Register of Civil Emergencies in all editions. Plans were made in the UK in 2006, 2008, 2011 and 2014. This provision was not implemented and the result appears to have been thousands of avoidable deaths.
Rebuilding Place in Urban Space
NOVEMBER 14, 2023
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. But they weren't particularly well structured or systematic in processes for recommending and implementing improvements. It laid the groundwork for connecting civic assets.
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