Ocupation: Economist
Life: b. November 3, 1944
Birthday: November 3
RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."
Topics: Discipline, Risk, Important, Financial Institutions, Creditors
