Home › Forums › Housing › We should remove private banks › DoJC wrote:And what would be
[quote=DoJC]And what would be the alternative? Do you actually think that government run institutions would be better?
Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?[/quote]
Best alternative I have seen is right here:
Stress Tests and The Nationalization We Got
Bottom line is that they are already nationalized the tax payer is just on the hook for losses…the executives get the profits – this is, unless something is done.
