The FDR Framework is the backbone for a 21st century financial system. Under this framework, governments ensure that every market participant has access to all the useful, relevant information in an appropriate, timely manner. Market participants have an incentive to analyze this data because they are responsible for all gains and losses.
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Monday, September 23, 2013
Writing book on FDR Framework & current crisis
For the next couple of weeks, I will be finishing writing a book on the FDR Framework and our current financial crisis. As a result, I will not be blogging, but instead using twitter. Please follow me on twitter under @tyillc. Thanks.
Coming this fall will be a series of posts on how Fannie and Freddie building and/or being involved in the day to day operation of the securitization platform has already resulted in and will continue resulting in the US taxpayer being screwed.
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