Fannie Mae-No Politics (FNMA)

[Sogo]

We need more: restitution of past sweep money. I haven’t heard for sure whether that’s in any of the complaints as prayer for relief, but it would make perfect sense to force the gvt to pay back all net worth sweep payments over a reasonable interest rate for the times, say even 4% would make sense. That’d be a fast way to recap the GSEs. But even IF that were to happen, ultimately it still means that the TBTF were able to get away with fleecing the taxpayers.