Wednesday, November 15, 2017

Hear Eugene F. Fama weigh in on the subprime mortgage meltdown (Chicago Booth Review

In the wake of the 2007–10 financial crisis, the US federal government created new regulations concerning the behavior of banks. But Booth's Eugene F. Fama says that the government itself played a significant role in creating the crisis by insuring risky loans in the hopes of boosting home ownership. Watch him explain.



(link)

http://review.chicagobooth.edu/public-policy/2017/video/eugene-f-fama-governments-role-subprime-mortgage-meltdown?source=aa-em-cbn-november-20171115&mkt_tok=eyJpIjoiTUdSaE1ERTVOamMwTlRRNSIsInQiOiJQWmh1eHhXRXV2MWRRWnhtaE5CZitadDZCTnYyTG85M1RhYnpxODhkNm9HWmttUGlUNndzYW11TnE2YjZrOVwvSVVXbEhPa1wvcFFYNHZzK0s5UFVcL1N0WFBMajVxekY5MmtZUmdicDVLTWpwZU45TjRxZGdOTllmdFFXSytnd1lpNiJ9

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