Fannie Mae-No Politics (FNMA)

[KenKong]

The administration knows the shareholders were wrongly treated going into (they lied about the health of FnF) and staying in so long (to drain the cash cow). Just look at a number of past tweets from Larry Kudlow (Trumps Top Economic Advisor) ... he may not be the one who makes the choices, but he does have the ear of The President. He viewed FnF negatively until he read Morgenson’s investigative report.
Nobody knows what’s actually going on at the top level.

Larry Kudlow
@larry_kudlow
Read whole Fan/Fred story @gmorgenson @nytimesbusiness. Obama Treasury, Justice, FHFA all lied to shareholders thru profit sweep. Incredible


Larry Kudlow
@larry_kudlow
Shareholders @FannieMae @FreddieMac really were screwed. @gmorgenson @nytimesbusiness



Even Mnuchin and Ross spoke of how the conservatorship has been way too long.