American politicians were hitting the Sunday morning talk shows assuring the public that Freddie and Fannie, the big government-backed mortgage finance companies, were in fine shape. So it didn’t surprise anyone, did it, when the Monday papers announced new measures to provide them stronger backing from the US Treasury. Are news crews staking out the […]

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For a couple of weeks I have been writing about banking and regulation and the possibility, make that likelihood, that a Democratic regime in the US will be looking at an extensive set of new regulations. Is the financial services industry making any effort to get out in front of this?
Not as far as I […]

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