by Henry Oliner | May 25, 2011 | Business, Economics
When those who point fingers seek blame for the financial crisis of 2008 (we are yet to have an official historical name for this disaster) the common refrain is deregulation of the financial industry, but some examination seems to be that we were buried in regulation...
by Henry Oliner | Mar 2, 2010 | Obama, Uncategorized
(this was published previously in the Macon Telegraph) Being in the middle of a record economic crisis presents a rare learning opportunity. Several books are worthwhile for those seeking to understand what just happened. Too Big to Fail by Andrew Ross Sorkin details...
by Henry Oliner | Feb 7, 2010 | Business, Economics, Politics
“Fannie and Freddie played the political game even more fiercely than their opponents, spending millions of dollars on armies of lobbyists on Capitol Hill. Each company was a revolving door for the powerful in Washington- both Republican and Democrat. Newt...
by Henry Oliner | Jan 29, 2010 | Business, Economics, Politics
“In moving, even tentatively, into this new area of lending (subprime) Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government -subsidized corporation may run into trouble in an...