You know who else did a story on a possible financial crises? The NYT, 9 years ago.
News Busters of course has the details with links to the story posted September 30th 1999.
Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
Read the rest of the article at the New York Times and once again please do notice the date: September 30th 1999
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