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)
MARCH 4, 2024
In summary, the reforms that were called for by many critics of F&F prior to 2008, but which never happened, have been substantially implemented within conservatorship. 20] The Federal Reserve Bank’s combined balance sheet in 2006 was just $.81 It well reflects how much F&F are a hybrid of the two. 81 trillion.
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