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Hank Paulson: Why Fannie and Freddie Remain a Big Threat

To commemorate the five-year anniversary of the financial crisis, former Treasury Secretary Hank Paulson has written a new prologue to his memoir On the Brink, which chronicles the dark days of 2008. As head of the Treasury, Paulson, now 67, had the herculean task of saving the global banking system when problems in the subprime mortgage market sent waves of losses to the furthest reaches of the financial markets.

via Hank Paulson: Why Fannie and Freddie remain a big threat – The Term Sheet: Fortune’s deals blogTerm Sheet.

 

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