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Economic history / Economics / Rural community development / Government-sponsored enterprise / Farm Credit Act / Subprime mortgage crisis / Fannie Mae / Federal Agricultural Mortgage Corporation / Late-2000s financial crisis / Mortgage industry of the United States / Farm Credit System / Economy of the United States


Testimony of the Honorable Leland A. Strom, Chairman and CEO, Farm Credit Administration Before the Subcommittee on Conservation, Credit, Energy, and Research, U.S. House Committee on Agriculture, June 11, 2009
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Document Date: 2009-06-12 14:39:32

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File Size: 61,75 KB

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City

St. James / /

Company

Farm Credit Administration / FCS / Federal Agricultural Mortgage Corporation / Lehman Brothers / Farm Credit System Insurance Corporation / Fannie Mae / Total capital / Adequacy / Farm Credit Insurance Fund / /

Continent

America / /

Country

United States / /

Currency

USD / /

Event

Bankruptcy / Reorganization / Natural Disaster / Debt Financing / Security Buyback / Force Majeure / /

IndustryTerm

capital management / secondary market products / local retail associations / portfolio management / sound and constructive credit / machinery / rural utilities / /

Organization

Congress / U.S. Department of Agriculture / Conservation / Credit / Energy / and Research U.S. House Committee on Agriculture / U.S. Government / Subcommittee on Conservation / Farmer Mac Board of Directors / MISSION OF THE FARM CREDIT ADMINISTRATION As / office of Secondary Market Oversight / U.S. Treasury Department / /

Person

Nancy Pellett / Leland A. Strom / /

Position

Chairman / Farmer / Chairman and Chief Executive Officer / Chief Executive Officer and Chief Financial Officer / extreme circumstances Farmer / /

ProvinceOrState

Minnesota / Iowa / /

Region

Midwest / Northwest / /

Technology

biofuels / /

SocialTag