Fannie Mae And Freddie Mac Could Cause Next Crisis: Paulson

Hank Paulson has a unique view of the 2008 financial crisis. Paulson was in charge of the U.S. Treasury as the economy headed into a financial crisis in 2007 and 2008. Paulson has republished his memoirs to mark the five year anniversary of that crisis, and included a new preface. An interview by Katie Benner of Fortune with Paulson looks at that crisis and the state of the economy at the moment. Paulson reckons that the next financial crisis, if there is one, will come from Freddie Mac or Federal Home Loan Mortgage Corp (OTCBB:FMCC) and Fannie Mae or Federal National Mortgage Association (OTCBB:FNMA)….