tag:blogger.com,1999:blog-11324278.post8307471581579472180..comments2024-03-13T19:19:04.945+02:00Comments on All Your Beis: Moral hazardUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11324278.post-23163885116181939282008-09-24T04:49:00.000+03:002008-09-24T04:49:00.000+03:00Even if moral hazard didn't cause this crisis, it ...Even if moral hazard didn't cause this crisis, it can cause others. And don't forget it's definitely moral hazard that allowed Fannie and Freddy to fail - they borrowed at government rates because of implicit backing, and invested in risky high-yielding securities.Anonymousnoreply@blogger.com