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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

As GSEs, they were highly limited in their permitted activities but given a preferred market position, along with the subsidies and privileges needed to deliver a public policy benefit to the public. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

More recently, as part of the FHFA’s review, its director said in public that the FHLB System did benefit from the implied guarantee, saying out loud what everyone already knew. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 19 That was a very significant amount 20 years ago.

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Social Media for Social Good: What role does social media play in creation of and sustainability of social movements? A Social Movement Case Study Examining Occupy Wall Street and the Tea Party.

Public Policy Blog

While those grievances shared a common theme: discontent with the power of corporations and alarm that the economic future of a broad swath of the population appears in jeopardy this only proves that OWS tapped into widespread public discontent. There is no guarantee of public policy change as a result of powerful new social movements.