September 1, 1995
Saying Goodbye When the Job is Done: The Coming Privatization of Government-Sponsored Enterprises
Government-Sponsored Enterprises (GSEs) such as Freddie Mac, Fannie Mae, Sallie Mae, and the Federal Home Loan Banks comprise a federal taxpayer liability of about $1.5 trillion dollars. It is time to begin privatizing these GSEs, because nearly all financial services provided today by GSEs are also available from effective private competitors without the taxpayer risk.
June 1, 1992
Taxpayers At Risk
October 1, 1991
Government Sponsored Enterprises:
The federal backing of GSE obligations may be implicit, but it is very real. Taxpayers have literally billions of dollars at stake if a GSE fails to meet its obligations.
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