Why I Was Wrong
A change of mind in this piece
No longer holdsI will add that I was definitely not expecting Freddie Mac and Fannie Mae to have ventured so far away from the idea of investment-quality mortgages that they had enough exposure in subprime loans to wipe out their capital.
Read the piece on econlib.org ↗
1 korrent from this piece · 1 of them a turn ↓
Arnold Kling did not write this page.
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