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5min chapter
Mark Calabria on Shelter from the Storm
The Great Antidote
The Disappointment of Federal National Mortgage Association
FHV: Regulators should not be spending their time second guessing the will of Congress. He says many financial regulators view elements of the law as optional and advisory rather than feeling bound by it. "I certainly found regulating Fannie and Freddie that I had almost nobody come in and lobby me to make them safer," he says.
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