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Hardcover Government-Sponsored Enterprises Book

ISBN: 0844741604

ISBN13: 9780844741604

Government-Sponsored Enterprises: Mercantilist Companies in the Modern World (Aei Studies on Financial Market Deregulation)

This study of US government-sponsored enterprises (GSEs) tells the story of a well-intentioned idea that has outlived its usefulness. It traces their origins to mercantilist enterprises of the 16th century, and examines design issues, activities, size, legal attributes, and charter powers. This description may be from another edition of this product.

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Format: Hardcover

Condition: Very Good

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Classic Study of Government Sponsored Enterprises

Among the small fraternity of analysts that follow Government-Sponsored Enterprises (GSE's), Thomas Stanton is well-known and respected. According to Stanton, a GSE is "a GSE is a privately owned, federally-chartered financial institution with nationwide scope and specialized lending powers that benefits from an implicit federal guarantee of all its obligations to enhance its ability to borrow money" (pp. 1-2). The six GSEs...

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