The markets were heavily influenced by the government. Risk was removed because ...

		anthonyrubin on Sept 30, 2008 \| parent \| context \| favorite \| on: Tax the Hell Out of Wall Street; Give it to Main S... The markets were heavily influenced by the government. Risk was removed because of the GSE status of Fannie and Freddie. At the same time the government (both Congress and the president through HUD) pushed Fannie and Freddie to take on more risk to "help the poor".