Did the Government make the wrong call on the timeframe for the maturation of SSIAs? They matured at the wrong time - when the credit was easiest to get, thus fueling the bubble which burst.
Wouldnt it have been better if the SSIAs were due to mature in 2009? Would this have cushioned the blow of the credit crunch?
Wouldnt it have been better if the SSIAs were due to mature in 2009? Would this have cushioned the blow of the credit crunch?