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David McCormick on the US Economy and the Housing Market

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McCormick on the Government Bailout of Fannie and Freddie

04 min 47 sec

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Under Secretary for International Affairs within the United States Department of the Treasury David McCormick discusses the Fannie Mae and Freddie Mac takeover plan organized by Henry Paulson. McCormick speculated on the ambiguity of the future of the government sponsored enterprises (GSEs).
David McCormick on an all Electronic U.S. Treasury

03 min 22 sec

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The Under Secretary for the United States Department of the Treasury David McCormick discusses the plan for the U.S. Treasury to become an all electronic Treasury system. McCormick highlights the savings benefits of such a system.
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27 min 42 sec

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Previous FORAtv comments:

ubuibiok

Posted: 09.18.08, 01:27 AM

Fair Speech, if you thing Housing "Excesses" is your Fairy Dust of Choice. LOL...Stable Market...it might if they Halt all "Put" trades. If you Don't already Own it, then don't let them Sell it, until these Volume Levels and Mortgage and Credit Foreclosure's go back to the 1998 Levels.