Viral V. Acharya, Matthew Richardson , Stijn Van Nieuwerburgh, Lawrence J. White
The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American...
“Politics by principle is that which modern politics is not. What we observe is ‘politics by interest,’ whether in the form of explicitly discriminatory treatment (rewarding or punishing) of...
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