"Fannie Mae Eases Credit To Aid Mortgage Lending" circa 1999, NY Times

28 Sep 5:36am
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http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&partner=permalink&exprod=permalink
Paragraph 8:
"''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''"

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About

mjbommar

Michael J Bommarito II is a third-year undergraduate at the University of Michigan majoring in math with a focus on finance. He intends to complete his bachelors and obtain a masters in a financial engineering program, thereafter seeking employment in the applied financial community. Until free from school, he enjoys being a part of the investment community by freely publishing quantitatively-oriented analysis and commentary on his site, ETF Central.