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JD400

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JD400

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Tuesday, 07/25/2017 10:48:39 PM

Tuesday, July 25, 2017 10:48:39 PM

Post# of 9289
Newly Released Documents Show Government Misled Public_on_Fannie/Freddie Takeover

While Russiagate rages, the bitter fight over the future of the real estate market continues

The only reason this story is hitting the headlines at all this week is because the government's 2012 decision triggered an all-out pitched battle between two investor groups. Those who bet on Fannie and Freddie's revival were wiped out by the government's 2012 decision, while those who shorted the firms have made fortunes.

The documents that came out this week were released in a lawsuit brought by Fannie and Freddie shareholders who believe that the government stole billions of dollars in profits from them.



http://www.rollingstone.com/politics/features/taibbi-government-misled-public-on-fanniefreddie-takeover-w494007
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