"Trump and Mnuchin have had nearly a year to end the NWS, re-capitalize the GSE's if only through retained earnings, and expose the largest financial crime in the history of the United States and expose Barack Obama and the illegal takings that have propped up O'care since 2012, and they have not only FAILED to do so, they have not yet even put it on the radar."
skeptic7,
It is totally false to say that "they have not only FAILED to do so, they have not yet even put it on the radar." So far all the appointments and announcements from DJT administration all positive news for FnF investors. GOP/RNC resolution is the most positive news so far during DJT administration.
Your analysis is correct about what will happen if NWS continues and bankrupts FnF. This is what Mel Watt and Dems may be wishing but why would DJT administration will allow it to happen?
MBA and Milken lobbyists are trying to confuse all with Gov explicit guarantees. Financial Establishment is looking for ways to benefit both ways without subjecting themselves to Gov regulations and restrictions. Banks very well know that if they go for Gov explicit guarantees it will ultimately result in nationalizing banks.
FnF are the examples how Gov bureaucrats can abuse their authorities during crisis. (LHMN, BS, WM, AIG) as against ( GS, MS) are the examples of how revolving door bureaucrats can benefit their crony friends at the cost of rivals. It is best for all to keep Gov away from private sector to safeguard the investment of private investors.
