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Re: None

Tuesday, 06/09/2020 10:17:45 PM

Tuesday, June 09, 2020 10:17:45 PM

Post# of 803746
You know what the real shareholder tragedy is? The government managed a coup by villianizing the twins and it's shareholders, by turning the publics ire and anger at the banks during the 2008 crisis towards us! Then constantly harping about taxpayers are not going to suffer losses due to the GSE'S. The irony is it was millions of taxpayers who were blinded by the banks and government into over leveraging themselves, teaser loans, and walk aways due to bad government policy and corrupt banks. Government pulled a very coordinated campaign to villianize the twins/shareholders.... And here we are. They still harp about taxpayers not subsidizing shareholder gains but it is EXACTLY what the government did with every company it's bailed out. It is not the governments money, it IS taxpayer money always. GSE shareholders ARE taxpayers, so they need to stop kicking that beat up catch phrase.