Fannie Mae-No Politics (FNMA)

[big-yank]

Gretchen Morgenson has written extensively about Fannie Mae and the financial crisis since it occurred. I love the review of her treatise with Josh Rosner as exceptionally described in a Forbes article by John Tamney in 2011:

http://www.forbes.com/sites/johntamny/2011/07/09/reckless-endangerment-by-gretchen-morgenson-and-joshua-rosner/#118a8bc0664a

Just click on the box that comes up if you are not a subscriber.

Here's just one gem... By the mid '90s "Fannie Mae had perfected the art of manipulating lawmakers, eviscerating its regulators, and enriching its executives."

What a paean to the greatness of Fannie Mae and its perfection as a GSE that could do no wrong and needed no wind down under Amendment 3.

LOL.

JMHO.