Well, you cannot have a universe of people saying that Fannie and Freddie are the cause of the crisis because they were the entities that created the mortgage collapse and because they got largely involved in subprime mortgages and not be able to quantify it.
Bob Menendez: “Well, you cannot have a universe of people saying that Fannie and Freddie are the cause of the crisis because they were…”
Editor's note · Context
Menendez emphasizes the need to quantify Fannie and Freddie's role in the mortgage crisis.
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