now a look at the impact of freddie mac and fannie mae on the 2008 housing crisis and the current role in the housing and mortgage markets. the are been institute in washington hosted this one our discussion. [inaudible conversations] the second panel, we have panelists talking about this version of risk. i know the end of the last panel, the first panel they got a little bit of a credit risk so they tried to take our territory, this one is better so everyone should understand that. i will introduce the panelists first. going from my left to the far left. the global mortgage group in orange capital, and the vice president have housing finance policy and david finkelstein. we start with laurie, through the data on history and development in credit risk transfer. it is a job of mentioning, started in 2012 and the idea is to reduce the overall risk of fannie and freddie, reduce the risk to the taxpayer and put private capital first and basically grew enormously so there was
and china. we split the panels up so that this panel will address the papers on u.s. and chinese strategy and interest in the asia-pacific region, and also u.s.-china military to military issues. in the next panel will cover economics, global issues and politics. scott kennedy will share that session. we had a number of participants who helped to write the papers or joined us in study groups to review the papers so this is a representative group, claiming that anyone who is involved but some of the key authors for each of the papers were going to address in the panels. bonnie glaser, my colleague at csis and director by china project will talk about the asia-pacific papers. we re going to ask that panelists not to summarize the papers but identify between the american and chinese papers the issues of convergence, divergence and some recommendations. my friend zhu feng were present on the asia-pacific strategy issue after bonnie. then will ship to the military relationship. da
issues. in the next panel will cover economics, global issues and politics. scott ken the kennedy will chair that session. we had a number of participants who helped to write the papers or joined us in study groups to review the papers so this is a representative group, clearly not everyone who was involved but some of the key authors for each of the papers we re going to address in the panels. bonnie glaser, my colleague at csis and director by china power project will talk about the asia-pacific papers. we re going to ask that panelists not to summarize the papers but identify between the american and chinese papers the issues of convergence, divergence and some recommendations. my friend zhu feng were present on the asia-pacific strategy issue after bonnie. then we ll shift to the military relationship. david finkelstein and zhang tuosheng from the chinese foundation for international security studies will address the areas of convergence divergence and implications of wha