Tag: Treasury

FHFA: The Little Agency that Could (But Hasn’t)

FHFA: The Little Agency that Could (But Hasn’t)

Summary: In his House Financial Services Committee testimony last week, FHFA Director Mel Watt appeared to deliberately misinterpret the HERA statute to justify turning on affordable housing funds even though the GSEs have no capital with which to meet safety […]

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Hedge Funds Grab A Big Chunk Of Shares At TARP Auctions

Hedge funds, private equity firms and other private investors scooped up about 70% of the shares auctioned off by the U.S. government as the government divests its TARP investments in small banks. Three private funds won almost half the shares available at the […]