Fannie Mae-No Politics (FNMA)

[955]

Hadn't heard that one!

Fall 2008 it became so obvious, yes. For anyone paying close attention, it was basically revealed that this nation is not what we grew up thinking it was. Instead, it was a 100% corrupted system that hides its motives and its moves using many different tactics.

I know you are aware of that. And how about this one particular angle of the '08 crisis...? There's some reason to think that BOA was basically fooled/goaded into acquiring Merill Lynch by a small gang of bankers who basically loathed BOA's ceo bc he hadn't gone to an Ivy League school like they all had. None of them wanted Merill! They knew it could sink em. They shoved it off on BOA in a semi-forced manner.

I happen to think of that angle every once in a while just bc it reminds me how petty things can get even at the highest levels of business and gvt.