Welcome, one and all to the most intense nightly read on the sphere; The BitsBlog Nightly Ramble
- GOOD NEWS BAD NEWS:
The good news is, Obama has decided against a large reduction of forces in Afghanistan. Bad news is, he’s
Over at OTB, Steve Verdon restates what I’ve been saying here for weeks:
An older article, but relevant.
It is important to understand that, as GSEs, Fannie and Freddie were viewed in the capital markets as government-backed buyers