InvestorsHub Logo
Followers 44
Posts 4391
Boards Moderated 0
Alias Born 03/16/2013

Re: None

Thursday, 03/05/2015 3:40:21 PM

Thursday, March 05, 2015 3:40:21 PM

Post# of 801319
Stegman's remarks...punt back to congress, stall..... take more Fannie, Freddie profits, while this administration implements what they see fit. He says PSPA, conservatorship,etc. can only be solved by congress. I believe the PSPA, then 3rd ammendment, says that it can be ended by Treasury in certain circumstances. (If I'm wrong, someone please jump in.) Conservatorship can be ended by Watt, in the right circumstances. We all understand that it is extremely complicated, and there are many factors to address, and that is why it is important for each department to take responsibility and stop punting the ball! IMHO