Fannie Mae-No Politics (FNMA)

[bcde]

This guy is a crook and lies with straight face with equally complicit and fake media.

Outright Lies in his talking points.
1. FnF defaulted and drew $180B from Gov
2. Instead of admitting fraud committed by the member banks he points at FnF
3. FnF has Gov guarantees (at no point in time Gov provided Guarantees to FnF)
4. FnF are sitting on Gov risk balance sheet with lot of taxpayer risk exposure
5. FnF bought risky assets with tax payer guarantees
6. Shareholder gains and taxpayer loses