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kilshaw

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kilshaw

Re: None

Monday, 05/23/2016 4:23:08 AM

Monday, May 23, 2016 4:23:08 AM

Post# of 798097
"The continuation of the sweeps through the conservatorships is a violation of every principle established in bankruptcy and in the more than 80 years of FDIC bank resolutions. And, it has no support in HERA." - Michael Krimminger


Michael Krimminger is a partner at Cleary Gottlieb, and former general counsel at the Federal Deposit Insurance Corporation (FDIC).

http://www.realclearmarkets.com/articles/2016/05/23/the_favoritism_underlying_fannie__freddies_conservatorship_102179.html
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