Jerome Powell - Legislative reforms in the 199...

Legislative reforms in the 1990s and the public/private structure led managements to expand the GSEs' balance sheets to enormous size, underpinned by wafer-thin slivers of capital, driving high shareholder returns and very high compensation for management.

Jerome Powell

American Public Servant

Born: Feb 4, 1953

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Balance, Management, Enormous, High, Structure, Driving, Balance Sheets, Returns, Sheets, Led, Very, Expand, Reforms, Legislative, Size, Capital, Compensation

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