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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)

36 However, with a properly designed GSE Board in place, a public-private hybrid GSE can be a practical and reasonable vehicle to achieve public policy objectives over the long term. billion of losses by just four of the FHLBs in 2009 and 2010. To create such a board will obviously require congressional legislation.

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