Henry Kaufman: Treasury Needs to Stand Behind Freddie, Fannie
Henry Kaufman, aka Dr. Doom for his prominence and prescience in reading the bond markets during the painful early 1980s credit crunch, said not surprisingly that the Federal government needed to assist Fannie and Freddie. Unfortunately, the more important part of Kaufman’s message is likely to be ignored. The former Salomon Brothers chief economist also […]
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