Tag Archives: Lawrence White

Professor Lawrence White on the Implications of Glass-Steagall

The following is an excerpt from Washington Examiner: The Volcker Rule, criticized for its complexity, has already forced some megabanks to divest in ways they might not have had to under the late-stage versions of Glass-Steagall. Goldman Sachs, for instance, … Continue reading

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“Guaranteed to Fail” by NYU Stern Professors Makes American Banker’s Summer Reading List

Excerpt from American Banker: “This book alleges that Fannie Mae and Freddie Mac were run as the largest hedge fund on the planet. The four authors, all professors at the Leonard N. Stern School of Business at New York University, … Continue reading

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NYU Stern Prof. Lawrence White on Secondary Mortgage Markets

The following is an excerpt from The New York Times:  The president’s State of the Union address on Tuesday provided a glimmer of hope for those looking for action to revamp America’s mortgage system. In a brief nod in the … Continue reading

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Professor Lawrence White Interviewed on Ratings Companies

The following is an excerpt from Bloomberg entitled “S&P Ratings States Reject Support New Jersey to California.” While suing Standard & Poor’s for fraud, states from New Jersey to California ironically are helping fund the world’s largest credit rater’s legal … Continue reading

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Prof. White Testifies to the House on Fannie Mae & Freddie Mac

Lawrence White, Robert Kavesh Professor in Economics and Deputy Chair of the Economics Department, testified on March 6, 2013 before the Subcommittee on Capital Markets and Government Sponsored Enterprises at their hearing on “Fannie Mae and Freddie Mac: How Government … Continue reading

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