Fannie Mae-No Politics (FNMA)

[Patswil]

There is also the propaganda floating around that the government promised it would return Freddie and Fannie to health, thus dangling a carrot that common stock holders might be made whole in the future. Here’s the actual press statement that then U.S. Treasury Secretary Hank Paulson released in announcing the conservatorship. Note carefully this statement:

http://wallstreetonparade.com/2016/05/confidential-memo-in-the-hedge-fund-battle-for-freddie-and-fannie-comes-out-of-hiding/