9 , ▁no . ▁ 3 ▁( 1 9 8 9 ): ▁ 7 6 - 9 1 . ▁ ▁St ig l itz , ▁Joseph ▁E ., ▁Jonathan ▁M . ▁Or sz ag , ▁and ▁Peter ▁R . ▁Or sz ag . ▁" Imp lications ▁of ▁the ▁New ▁F ann ie ▁Ma e ▁and ▁Fred die ▁Mac ▁R isk - based ▁Capital ▁Standard ." ▁F ann ie ▁Ma e ▁Pap ers ▁ 1 , ▁no . ▁ 2 ▁( 2 0 0 2 ): ▁ 1 - 1 0 . ▁ ▁Sto jan ov ic , ▁D us an , ▁Mark ▁D . ▁V aug hn , ▁and ▁Tim othy ▁J . ▁Ye ager . ▁" Is ▁the ▁Federal ▁Home ▁Lo an ▁Bank ▁System ▁Good ▁for ▁B anks ? ▁A ▁Look ▁At ▁Ev idence ▁on ▁M emb ership , ▁Adv ances ▁and ▁R isk ." ▁Working ▁P aper ▁No . ▁ 2 0 0 5 - 0 2 , ▁Federal ▁Reserve ▁Bank ▁of ▁St . ▁Louis , ▁St . ▁Louis , ▁MO , ▁ 2 0 0 5 . ▁ ▁Str ick land , ▁Jason ▁T . ▁" The ▁Pro posed ▁Reg ul atory ▁Ch anges ▁to ▁F ann ie ▁Ma e ▁and ▁Fred die ▁Mac : ▁an ▁Analysis ." ▁North ▁Carolina ▁Bank ing ▁Institute ▁Journal ▁ 8 ▁( 2 0 0 4 ): ▁ 2 6 7 - 2 8 7 . ▁ ▁T arr , ▁David ▁G . ▁" The ▁Political , ▁Reg ul atory , ▁and ▁Market ▁Fail ures