Fiscal Cliff, Freddie, Fannie & Jobs

On this week's Bloomberg Government Capital Impact show, analysts will discuss how the fiscal cliff crisis is impacting businesses. Also, what does the future l...

This week on BGOV’s Capital Impact show hosted by Allen Scott:

  • As the President and Congress continue to hash out what a fiscal cliff resolution would look like, a team of BGOV analysts examined the business impact of multiple scenarios. In the third of a four part series director of Research Robert Litan and lead analyst Tony Costello address the Implications of Federal Deficit Reduction: Winners and Losers from Spending Cuts.
  • Senior economic analyst Dr.. Nela Richardson examines the world of Freddie Mac and Fannie Mae explaining why the government may be insuring loans for the foreseeable future. She’ll also dissect the good and the bad in the latest job numbers. Hurricane Sandy may not have had the direct impact on employment we all originally feared.


Allen Scott (moderator) specializes in customer on boarding and training at Bloomberg Government. Allen previously worked at Arbitron, Inc. where he served in a variety of roles from customer service to sales operations manager. Prior to Arbitron, Allen worked in radio for several years in the Washington and Baltimore areas. Most recently he spent six years at 99.1 HFS as co-host and news director.
Robert Litan is director of research at Bloomberg Government. He was previously vice president for research and policy at the Kauffman Foundation and a senior fellow in economic studies at the Brookings Institution, where his research included topics in regulation, financial institutions, telecommunications, entrepreneurship and general economic policy. Between 1993 and 1996 he served as Deputy Assistant Attorney General in charge of civil antitrust litigation at the Department of Justice and then as associate director of the Office of Management and Budget.
Tony Costello is Bloomberg Government’s lead analyst. He spent four years as a buyside investment analyst covering energy at Osprey Partners and Mooring Financial. In these positions, Costello evaluated energy-related securities and made recommendations to portfolio managers. His undergraduate degree is in finance from George Washington University and he holds an MBA from The Darden School at the University of Virginia.
Nela Richardson is an economic analyst with Bloomberg Government. She was a research economist at the Commodity Futures Trading Commission before joining Bloomberg. Richardson was also a senior economist at Freddie Mac, a researcher at Harvard’s Joint Center for Housing Studies, and an adjunct professor of finance at Johns Hopkins. Richardson has a Ph.D. in economics from the University of Maryland, a M.A. from the University of Pennsylvania, and a B.A. from Indiana University.

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