Oops

Professor Mankiw isn't much more impressed than I am with Senator McCain's suggestion of Andrew Cuomo for SEC Chair:

Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country's current crisis. He took actions that—in combination with many other factors—helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments. -- Village Voice

2008 Posted by jk at September 23, 2008 5:35 PM