Fannie Mae-No Politics (FNMA)

[Donotunderstand]

As I recall - Paulson also called the heads of the top 10 banks

8 in trouble

2 doing fine

noted to them - per the stories (that may include his own book)

no one leaves until you ALL agree to take money and conditions

by all 10 agreeing ---- no banks of the top 10 - were identified as strong or weak

apparently Paulson was seriously ferocious

note
when people say a few people can …. lets remember this was done by agreement between the FED the Treasury and POTUS at the time

there is more stuff done these days by just POTUS alone

IMO when the three I note - act in what they consider to be a national crisis - there is no conspiracy but three people doing their jobs

if they were right ?
if they were wrong ?

I see it as bold aggressive executive action in a crisis --- exactly what we want from leaders

what do you want - a vote in Congress ?