Economic Club of Washington

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Paulson: The GSEs as Utilities

Jan 08, 2009By

U.S. Treasury secretary Henry Paulson managed to shake more than a few feathers in the mortgage industry Wednesday, with a speech that suggested in part that the government consider turning Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] into public utilities, akin to power and telephone companies.

3d rendering of a row of luxury townhouses along a street

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