Millstein Says Fannie, Freddie Must Be Scaled Back

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Feb. 8 (Bloomberg) -- Jim Millstein, chairman and chief executive officer of Millstein & Co. and former chief restructuring officer at the U.S. Treasury, talks about the outlook for the mortgage industry and the need for Fannie Mae and Freddie Mac to be "scaled back" from the market. Millstein speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." Lee Sachs, chief executive officer of AlliancePartners and a former assistant U.S. Treasury secretary, also speaks. (Source: Bloomberg)


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