Financial Services

Wall Street Whispers: Goldman's Rep (And Hank Paulson's)

Stock quotes in this article:GS, JPM, BAC, MS, C, DB, CS, UBS 

It's not a novel idea; by some arguments it's not the perfect solution. But at least it is a solution.

"It will take real leadership from both parties to get it done," Paulson said in his op-ed. "But this is vital, and the discussion must begin now."

Not that the Obama administration is eager to take words of advice from a former Goldman CEO under whose watch the housing market fell apart. But hopefully, someone in a position to do something about GSE reform will put words into action.

-- Written by Lauren Tara LaCapra in New York.

>To order reprints of this article, click here: Reprints

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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