#05-33
Comments on the Paper by Lawrence White "On Truly Privatizing Fannie Mae and Freddie Mac: Why It's Important and How to Do It"
Dwight Jaffee

Abstract: Larry White has created a highly useful paper that clearly lays out the reasons to privatize Fannie Mae and Freddie Mac (F&F) and offers a roadmap for doing so. I agree fully with the goal and his reasons for it, although below I will indicate I have a different perspective on how best to “do it”.

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