Geithner suggests more multiplexes, admits GSE role in meltdown

Secretary of the US Treasury Tim Geithner testified before the House of Representatives Committee on Financial Services on Tuesday. Geithner’s remarks suggest the government will get behind the idea of increasing multiplex housing units. What’s even more interesting, however, is that a top ranking Democrat finally admitted the significant role of Fannie Mae and Freddie Mac in the financial crisis.

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