GSE=?
長いので訳もまとめも載せる気力がないけど、名文。
http://www.marketoracle.co.uk/Article5446.html
一番気に入ったのはここ。
In addition, much of the debt sold to institutions is guaranteed by Fannie and Freddie, making them similar to the monolines like MBIA and Ambac. Combined, they hold around $1.4 trillion in their retained portfolios and they've guaranteed over $3 trillion of what could end up being junk bonds. So you can think of Fannie and Freddie as a hybrid of bond insurers like MBIA and AMBAC, along with Washington Mutual and Countrywide.
