
Age of Easy Money (Full-length Film Audio Track)
The FRONTLINE Dispatch
00:00
The Fed's Plan to Buy Mortgage-Backed Securities and Government Bonds
Thomas Hawnig was the president of the Kansas City Fed and initially supported quantitative easing plan. The task of managing most of the program went to Andrew Hussar, a former Fed official who was then working on Wall Street. "I realized very quickly what I was being asked," says Hawnig.
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