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Quote by Gary H. Stern

“RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."”

Quote by Gary H. Stern

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Gary H. Stern
Gary H. Stern

Gary H. Stern is a distinguished economist born on November 3, 1944. He has a profound academic background and extensive practical experience in the field of economics, particularly in monetary policy and financial regulation. more

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