Friday, October 3, 2008

Blast from the Past: Bernanke Calls for Stronger Regulation of Fannie, Freddie

From March 7, 2007:

"Federal Reserve Chairman Ben S. Bernanke said yesterday that the scale of Fannie Mae's and Freddie Mac's mortgage investments could pose risks to the financial system, and he called for them to limit their holdings almost exclusively to loans for affordable housing."