Fannie Mae-No Politics (FNMA)

[Steelhead9]

Sent This To Rueters

Your article regarding what Treasury Secretary Designate said regarding Fannie Mae and Freddie Mac ( http://finance.yahoo.com/news/mnuchin-not-favor-cutting-federal-191714149.html ) is somewhere between sloppy and unethical.

It was terribly inaccurate reporting. In the hearing, the questioner referred to a recent interview with Mnuchin by saying "You recently said you were in favor of recap and release" ... Mnuching simply corrected him by saying ... "What I said, was that I felt that Fannie and freddie back into private hands."

Your mischaracaterization reported that he said he was not in favor of removing these entities from government control. It gives readers the inpression that Treasury Secretary Designate Mnuchin is in favor of the status quo. This is at best, a careless mistake and at worst an attempt at market manipulation. You should be disciplined for your wreckless reporting. This artilce needs to be pulled and Lisa Lambert, Jason Lange and by Paul Simao need to be reprimanded.