SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: calgal who wrote (29610)9/23/2008 4:53:33 PM
From: TimF1 Recommendation   of 71588
 
Random Observations for Students of Economics
Tuesday, September 23, 2008
Oops
The Village Voice (via Cafe Hayek) reports:

Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country's current crisis. He took actions that—in combination with many other factors—helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments.

Meanwhile:

Sen. McCain suggested that he might replace the head of the Securities and Exchange Commission with a Democrat, suggesting Andrew Cuomo, New York state's attorney general.

"He is somebody who could restore some credibility, lend some bipartisanship to this effort," Sen. McCain said on CBS's "60 Minutes."

gregmankiw.blogspot.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News