Comments on: Who’s to blame for the financial crisis? http://www.eastasiaforum.org/2008/10/16/who%e2%80%99s-to-blame-for-the-financial-crisis/ Economics, Politics and Public Policy in East Asia and the Pacific Fri, 12 Mar 2010 00:51:33 +1100 http://wordpress.org/?v=2.9.2 hourly 1 By: Michael Cucek http://www.eastasiaforum.org/2008/10/16/who%e2%80%99s-to-blame-for-the-financial-crisis/comment-page-1/#comment-337 Michael Cucek Thu, 16 Oct 2008 10:03:33 +0000 http://eastasiaforum.wordpress.com/?p=1707#comment-337 Mr. Grenville - The link you purport to draw between "teaser" rates, Congress and the GSEs (Fannie and Freddie) is prejudicial. U.C. San Diego professor Jim Hamilton has provided a cogent and not uncritical analysis of the role the GSEs played in knocking down lending standards at: http://seekingalpha.com/article/85146-did-fannie-and-freddie-cause-the-mortgage-crisis Mr. Grenville -

The link you purport to draw between “teaser” rates, Congress and the GSEs (Fannie and Freddie) is prejudicial.

U.C. San Diego professor Jim Hamilton has provided a cogent and not uncritical analysis of the role the GSEs played in knocking down lending standards at:

http://seekingalpha.com/article/85146-did-fannie-and-freddie-cause-the-mortgage-crisis

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