;#Faculty News;# | New York Times | 09
Plans Near for Freddie and Fannie
Re: David S. Scharfstein
One compromise described in drafts of the administration's proposal would reduce the government's role to a last line of defense for the mortgage market. A version of this idea has been advocated by David S. Scharfstein, a finance professor at Harvard who previously worked as an adviser to Mr. Geithner.