re: #311 WindUpBird
“The more people, in my judgment, exaggerate a threat of safety and soundness [to Fannie and Freddie], the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out. But the more pressure there is there, then the less I think we see in terms of affordable housing!”
—Barney Frank