The fallout from the $2 billion derivatives loss in Orange County, Calif., has put a new focus on the sale of structured notes by government-sponsored entities such as Fannie Mae and the Federal Home Loan banks.

Interestingly, the Federal Home Loan Bank of Dallas quit selling the controversial derivatives in January. Bank president George Barclary discussed that decision.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.