Fri 2009-02-20 00:00 EST
FT.com | Willem Buiter's Maverecon | Home loans in the US: the biggest racket since Al Capone?
Buiter urges end the deductibility of mortgage interest in the personal income tax, close down Fannie and Freddie and end the role of the US government in the provision of residential mortgages
biggest racket; Capone; com; FT; home Loans; Willem Buiter's Maverecon.