Fannie Mae (FNMA)

[navycmdr]

I sent the VIDEO to Bill O'reilly : [e-mail]

as follow up to my e-mail yesterday about

THE Biggest GOVT Scandal in U.S. History !!!

http://newsvideo.su/video/5778614

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Bill ...

Where is your NO SPIN Story on Fannie Mae and Freddie Mac ?
The Biggest Govt Scandal in U.S. History ?

The GOVT has PROFITED $70 Billion from the $187 Bil LOAN
to the GSEs that they didn't even need in the 1st place ...

The GOVT continues to ILLEGALY STEAL ALL profits each QTR
from these "private companies" in an 8yr Govt Conservatorship ...
They have been PROFITABLE for MANY YEARS !!! The longest
Bank conservatorship lasted 18 months ...

Fannie Mae disclosed they held $36.3 billion cash in the bank
on Sept. 30, 2008 with a maximum exposure of roughly
$6 billion per quarter.

That was enough liquidity to survive over 18 months,
assuming it didn’t bring in another dime.

The full 27-page report, which can be read here, was from
two activist investors involved in the FannieGate controversy
with extensive legal and business backgrounds,
Adam Spittler CPA, MS and Mike Ciklin JD, MBA, MRE.

http://www.housingwire.com/ext/resources/images/A-Forensic-Look-at-the-Fannie-Mae-Bailout-Parts-I-II-III-FINAL-20150616.pdf