The Government's Role in Housing Policy
Some say Fannie and Freddie were the real cause of the financial crisis. Others disagree, laying the blame on Wall Street's reckless behavior. But either way, with rampant foreclosure fraud, a housing market still in ruins, and no good ideas about how to reform the GSEs, what to do about housing policy in the U.S. remains an open question. To talk about some potential answers, the Roosevelt Institute gathered leading thinkers on housing reform for an event held in Washington, D.C. on September 13.
Phil Angelides, Chair of the Financial Crisis Inquiry Commission, gave the keynote address on the role Fannie and Freddie played in the crash. Panelists included Roosevelt Institute Fellows Jeff Madrick, Rob Johnson, and Mike Konczal, and other noted experts, and Roosevelt Institute Senior Fellow and Nobel Laureate Joseph Stiglitz delivered the closing address.
Watch his remarks here:
Watch a slideslow of photos from the conference:
Click here to read Daniel Indiviglio's take at The Atlantic.