Followers | 23 |
Posts | 1676 |
Boards Moderated | 0 |
Alias Born | 01/27/2013 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, December 20, 2016 1:07:06 AM
The day after Mr. Trump formally selected him, Mr. Mnuchin said that the government should get out of the business of running Fannie Mae and Freddie Mac, the two giant mortgage finance firms that the federal government bailed out in 2008. The shares of the two companies soared in response to his words — some of the sharpest one-day gains for the stocks since the government conservatorship began.
The seemingly off-the-cuff declaration was cheered by hedge fund managers and others who have bet big on the privatization of Fannie and Freddie. One of Mr. Paulson's bigger bets is that the federal government will return Fannie and Freddie to private investors largely unfettered.
http://www.cnbc.com/2016/12/19/trump-news-treasury-pick-mnuchin-moves-in-secretive-hedge-fund-circles.html
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM