denriddy

What Kind of Government Support Will Fannie and Freddie Get?

Yeah. Stay long, DeLong.

>Bernanke and Paulson have asked for additional regulatory authority:
>They should get it.

Oh, I think they will be getting some "additional regulatory authority" sooner or later--from the only regulatory authority this country has ever had since its somewhat messy inception. I think they're going to learn what "regulatory authority" actually means.