GSE


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Government Sponsored Enterprise

A privately held or publicly traded company created by the U.S. Government for some purpose thought to benefit the American economy. For example, Freddie Mac was originally a GSE created to encourage homeownership among middle class and working class Americans. Because it is "sponsored" but not owned by the government, GSE stocks carry higher risk than, say, Treasury securities, which are backed by the full faith and credit of the United States. However, GSEs have an implicit guarantee that the government will not allow them to fail. Indeed, when Fannie Mae and Freddie Mac collapsed in 2008 they almost instantly received federal assistance.

GSE

See government-sponsored enterprise.

References in periodicals archive ?
And while the GSE debate tends to concentrate narrowly on the values of the federal subsidy and the implicit government backing of agency debt, the broader and crucial--issue of the consequences of a momentous expansion of mortgage finance is neglected, if at all recognized.
Media Contact: Chuck Sorrentino President and Chief Executive Officer GSE Environmental 281-230-5843
TENAX is thrilled to partner with GSE to bring our highly-engineered reinforcement solutions to a global environmental and mining customer base.
This is a very important launch for us," said GSE Global Director of Marketing Steve Eckhart.
With High Temperature Geomembrane, GSE continues its history of developing products in response to industry needs and through collaboration with our customers," said Mauricio Ossa, Geomembrane Products Manager.
In July, Sorrentino, who is a GSE board member, was named interim president and CEO of GSE, following the declaration that President and CEO Mark Arnold was leaving.
As previously disclosed, in May 2012 SE notified GSE of its decision to suspend work under the contract due to changes in the Slovakian regulation requiring SE to redesign certain aspects of the plant; this suspension was not related to work being performed by GSE.
HOUSTON -- GSE Environmental (the "Company" or "GSE") (NYSE: GSE), a leading global manufacturer of highly engineered geosynthetic containment solutions for environmental protection and confinement applications, today announced it has raised $22.
Said Sorrentino, "I am excited about the opportunity to lead such a fine organization as GSE.
30, 2013 /PRNewswire/ -- GSE Environmental, a leading global manufacturer of highly engineered geosynthetic containment solutions for environmental protection and confinement applications, is excited to be featured on the program Viewpoints with Terry Bradshaw.
HOUSTON -- GSE Lining Technology, LLC, (NYSE:GSE) the leading global manufacturer and provider of geosynthetic lining products and services, announced today the launch of its rebranded identity as GSE Environmental.