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Re: big-yank post# 225479

Monday, 06/16/2014 10:51:56 AM

Monday, June 16, 2014 10:51:56 AM

Post# of 797367
That was never held over AIG's head by the government. They were deemed to big to fail and there was every intention of propping them up. FNMA/FMCC has had the threat of deliberate "winding down" thrown in their face over and over.

You are missing the bigger point of what we were discussing,...they HAD to litigate to try to get fair treatment. AIG and others DID NOT. You have implied that the noble govt. would have treated them fairly if they had not gone to the courts. That never has been the case. The govt. had no intention of dealing with them fairly. This was their chance to rid DC of FNMA for a variety of political reasons. I for one hope they fail miserably.