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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (27009)4/6/2005 3:38:30 PM
From: mishedlo  Read Replies (1) of 116555
 
Greenspan Wants Portfolio Size Limits

WASHINGTON - Federal Reserve Chairman Alan Greenspan urged Congress Wednesday to limit the size of the multibillion-dollar portfolios held by mortgage giants Fannie Mae and Freddie Mac, warning that simply creating a strong regulator would not suffice.

"World class regulation, by itself, may not be sufficient," Greenspan told the Senate Banking Committee.

"World class regulation" - LMAO
Where the Hell does one find that?

Lots More here:
story.news.yahoo.com
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