Fannie Mae-No Politics (FNMA)

[Patswil]

Lockhart action as conservator was completely illegal because he
increased loan limit of GSEs
Lockhart action as conservator was completely illegal because he increased loan limit of GSEs so that he can move $400B subprime mortgage from WS banks to GSEs. That's completely wrong. You donot conserve company by buying bad assets. He will be asked under oath why did you move bad assets into GSEs. He is in big trouble.
The government should not get any dividend or warrants because government was using GSEs to clean mess created by WS banks. I am surprised why these questions were not being asked to congressmen and senators.

IMO in light of the bashing, and nefarious new blurbs---they are trying to scare us out---WE WILL WIN--HOLD MFKERS--HOLD