The Austrians were predicting it in '02: http://mises.org/story/986 http://mises.org/story/986 Raines may be in a dream business, but the net result of Fannie

The Austrians were predicting it in '02: http://mises.org/story/986 http://mises.org/story/986 Raines may be in a dream business, but the net result of Fannie Mae’s actions in the credit markets is a nightmare of resource misallocation and massive systemic risk.