... The Subprime and Credit Crisis Morris Goldstein, Peterson Institute Paper based on transcript of speech presented at the Global Economic Prospects meeting, Peterson Institute for International ... and Regulatory Implications,” Speech before the Council on Foreign Relations Corporate Conference,” March 6, 2008. 3 I appreciate the reasons for the regulatory forbearance at Fannie ... Peterson Institute for International Economics April 3, 2008 © Peterson Institute for International Economics I. Introduction My topic today is the ongoing subprime and credit...