Rudyard Kipling, the poet of Britain's high imperial age, once wrote of the hypocrisy of a country that spurned its soldiers, or Tommies, in peace time and then embraced them when there was a war to fight and win:
"Oh, it's Tommy this, an' Tommy that, an' Tommy go away; But it's 'Thank you Mr Atkins,' when the band begins to play"
Management at the two US government-sponsored enterprises Fannie Mae and Freddie Mac might sympathise with Kipling's Tommies. After years in the wilderness, reviled by l
The week on Risk.net, July 7-13, 2018Receive this by email