The Fannie and Freddie Effect is Here Long Term

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opednews.com Headlined to H3 8/21/10

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At www.ft.com

Shutting down Fannie and Freddie is impractical because it would lead to a plunge in house prices. But dithering over the status quo and persevering with a distorted market that rewards reckless behaviour by consumers and banks could be just as disastrous ' and more long-lasting.

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At www.ft.com


 

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