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- Community
- bear stearns
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- cnn
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- fannie mae
- fannie mae and freddie mac
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- freddie mac
- joseph stiglitz
- lehman brothers
- nobel prize
- profits in the long run
- quarter drive
- quarterly profits
- risky loans
- self regulation
- six steps
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By this, I do mean the meltdown of Bear Stearns, Lehman Brothers, Fannie Mae and Freddie Mac, AIG, and others we haven’t heard about yet. What does not work, never has, and never will, is self-regulation. Especially when you become so big that “you can’t be allowed to fail.”
