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Fannie and Freddie Did Not Cause the Crisis

Econbrowser found this 11/20/2008 on delong.typepad.com

Once again, Richard Green's refutation of the right-wing hack claim that Fannie and Freddie caused the crisis by leading poor private-sector financiers to make stupid loans: Richard's Real Estate and Urban Economics Blog: Charles Calomiris and Peter Wallison blame Fannie Mae for the ...