[lbo-talk] "Fannie Mae and Freddie Mac are to blame!"

[Mark Bennett]

Part 2 of Thomas Ferguson's and Robert Johnson's two-part paper in the
International Journal of Political Economy, "Too Big To Bail: The 'Paulson
Put,' Presidential Politics, and the Global Financial Meltdown" has a good
discussion of the role of the GSEs in the general clusterfuck:

http://www.newdeal20.org/wp-content/uploads/2011/07/paulson-put.pdf

http://www.irle.berkeley.edu/conference/2010/materials/johnson_too_big_part2.pdf

A slightly shorter version of the paper is included a volume of essays
edited by Martin Konings, The Great Credit Crash, published by Verso in
2010.