White House Fact Sheet: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs
News release: “For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties. President Bush publicly called for GSE reform …