Guaranteed to Fail

Guaranteed to Fail
Author :
Publisher : Princeton University Press
Total Pages : 233
Release :
ISBN-10 : 9781400838097
ISBN-13 : 1400838096
Rating : 4/5 (096 Downloads)

Book Synopsis Guaranteed to Fail by : Viral V. Acharya

Download or read book Guaranteed to Fail written by Viral V. Acharya and published by Princeton University Press. This book was released on 2011-03-14 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why America's public-private mortgage giants threaten the world economy—and what to do about it 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 taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.


Guaranteed to Fail Related Books

Guaranteed to Fail
Language: en
Pages: 233
Authors: Viral V. Acharya
Categories: Business & Economics
Type: BOOK - Published: 2011-03-14 - Publisher: Princeton University Press

DOWNLOAD EBOOK

Why America's public-private mortgage giants threaten the world economy—and what to do about it The financial collapse of Fannie Mae and Freddie Mac in 2008 l
Fail Harder
Language: en
Pages: 195
Authors: failblog.org community
Categories: Humor
Type: BOOK - Published: 2011-09-06 - Publisher: Andrews McMeel Publishing

DOWNLOAD EBOOK

FAIL Harder follows the hilarious best-seller Fail Nation to showcase 200 original full-color photos of world-wide FAILS based on the popular website failblog.o
Impossible To Fail
Language: en
Pages: 272
Authors: Ron Malhotra
Categories: Self-Help
Type: BOOK - Published: 2020-03-02 - Publisher: Karen MC Dermott

DOWNLOAD EBOOK

The complete formula for an extraordinary life and lifestyle by Ron Malhotra.
The Myth of Too Big To Fail
Language: en
Pages: 239
Authors: I. Moosa
Categories: Business & Economics
Type: BOOK - Published: 2010-10-27 - Publisher: Springer

DOWNLOAD EBOOK

The book presents arguments against the taxpayers'-funded bailing out of failed financial institutions, and puts forward suggestions to circumvent the TBTF prob
Fixing Failed States
Language: en
Pages: 265
Authors: Ashraf Ghani
Categories: Business & Economics
Type: BOOK - Published: 2009 - Publisher: Oxford University Press, USA

DOWNLOAD EBOOK

Social science.