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...But Doug Rogalla, chair of the local Monroe County Republican Party and a former US serviceman, says: “I think the US has an obligation to help those Afghans who helped us, but we have a bigger obligation...
...“I think Paulson has done an excellent job dealing with the evolving financial crisis,” says Doug Elmendorf at Brookings, a think-tank....
...James Lockhart, director of the Office of Federal Housing and Enterprise Oversight, reiterated that the two were “adequately capitalised” and had “large liquidity portfolios”....
...Fannie and Freddie are a “source of strength for mortgage lending and the housing market” but a “point of vulnerability for the financial system, because they are so highly leveraged”, James Lockhart, who...
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