Goldman has sent a small army into government service and now Morgan Stanley is labouring to solve the US mortgage giants’ mess. Such public service may cast a flattering light. But if Fannie and Freddie truly come unhinged, bankers may wish they stayed home.Sign up to read the rest of this subscriber-only content, or if you are already a member please sign in here.
Forgotten your password? Get a password reminder.
This Views Flash will shortly be followed by a Considered View