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Like F&F, FHLB leadership teams are motivated to maximize profits. 36 However, with a properly designed GSE Board in place, a public-private hybrid GSE can be a practical and reasonable vehicle to achieve publicpolicy objectives over the long term.
Professional government employees are vital partners for these officials and do [or should do] the day-to-day operations of the government, procure products and services, supervise, develop budgets for programs and execute tactics outlined in strategy put forth in part by our elected officials. Campbell, C., & Peters, B. doi:10.1111/j.1468-0491.1988.tb00060.x.
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