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7. The US-government under George W. Bush put on September 7, 2008, Fannie Mae, and Freddie Mac under the conservatorship of the FHFA (i.e.,
7. The US-government under George W. Bush put on September 7, 2008, Fannie Mae, and Freddie Mac under the conservatorship of the FHFA (i.e., the government took over both institutions). Please briefly recap the key tasks of Fannie Mae and Freddie Mac in the market for real estate. From everything that you know about the situation in September 2008, do you think that this was a good or bad decision?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
